Employer Maximum 401k Contribution 2024. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from. This is up from from $43,500 in 2023 and $40,500 in 2022.

You contribute $23,000—the maximum amount you’re allowed to put into your 401(k) in 2024. The 401 (k) contribution limit for 2024 is $23,000.