401k Contributions 2024 Maximum Salary. (for 2023, it's $330,000.) there is also an absolute limit, which is the total of all contributions to a 401(k) plan. The 2024 limit on 401(k) contributions is $23,000, or $30,500 for people 50 and older.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.