401k 2024 Maximum. Plan participants can contribute up to $23,000 for 2024, which is up from $22,500 for 2023. Here's what you need to know about that maximum, employer matches and how much you should contribute.

Most people don’t max out their 401(k). The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022.