Max Deferral 401k 2024. The 401 (k) contribution limit for 2024 is $23,000. In 2024, a 401 (k) plan can elect to stop salary deferrals once a participant's compensation reaches $345,000 and can use only up to this amount when providing a.
The 2024 limit on 401 (k) contributions is $23,000, or $30,500 for people 50 and older. This amount is up modestly from 2023, when the individual.