2024 401k Contribution Limits. The employee deferral limit increased by $500 and the total combined contribution limit. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.
The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties. Here are the 2024 401k contribution limits.