Max 401k 2024 Catch Up. The 401 (k) compensation limit. The 401(k) contribution limit for 2024 is $23,000.
For 2024, employees can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023.