2024 Maximum 401k Contribution

2024 Maximum 401k Contribution. Some 401(k)s allow added savings beyond those. This limit includes all elective employee salary deferrals and any contributions made to a.


2024 Maximum 401k Contribution

 — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).  — the 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties.

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