Annual 401k Contribution Limit 2024 Married. Most people don't max out their 401(k). The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.