Contribution Limits 2024 401k. New updates to the 2023 and 2024 401k contribution limits. Read our write up on the current 401(k) contribution limits and what they mean for you.
Personal contribution limits for 401(k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people under age 50. Let’s take a closer look at the 2024 401(k) contribution limits so you can maximize your retirement savings.