Max 401k Amount 2024. Contributions to 401 (k)s can be automatically deducted from your. In 2024, employees can contribute up to $23,000 to their plans.

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older.