Maximum 401 K Contribution Limit 2024 Employer. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023; Each year, the irs places limits on the maximum amount participants can contribute to their 401 (k) plans.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.
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