What Is The Maximum 401k Contribution For 2024 Tax Year. The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax. In 2024, employees under 50 can contribute up to.

401(k) contribution limits in 2024. If you are 50 years old or older, you can also contribute up to $7,500 in.