Maximum 401k Contribution 2024 Per Person Uk. The 2023 personal contribution limit has one level for employees under 50 and another for workers 50 and older. โ 401 (k) contribution limits in 2023 and 2024.
The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. Known as the 402 (g) limit in the internal revenue code (or irc), individuals can contribute up to $20,500 between their traditional and roth 401 (k) accounts in 2022.