Max 401k Contribution 2024 And Catch Up. Use our calculator to estimate your future balance. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

Note that your employer’s matching contributions don’t count toward the caps above. That means a total of $30,500 can be contributed as an employee.