Individual 401k Contribution Limits 2024. For an individual, the 401 (k) maximum contribution in 2024 is $23,000. Employer contributions are also limited to 25% of an employee's salary.

401 (k) contribution limits for 2024. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.