2024 401k Contribution Limit 50 50k. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.
This amount is up modestly from 2023, when the individual. โ the 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.