Current 401k Limits 2024. That's an increase from the 2023 limit of $330,000. Current 401k limits 2024 catch up marge magdaia, the 401(k) contribution limit is $23,000.
The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.