401k Limit 2024 Family Income Tax. — for the tax year 2024, the maximum amount that an employee can contribute to their 401 (k) retirement plan is $23,000. — the 401 (k) contribution limit for 2024 is $23,000.
If you’re age 50 or older, you can contribute an additional $7,500 to your 401 (k) plan for a grand total of $30,500 in annual. The 401 (k) contribution limit is $23,000.