401k Contribution Limit Increase 2024. Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023. Married filing jointly or qualifying widow(er) less than $218,000:

Most people don’t max out their 401(k). This amount is up modestly from 2023, when the individual.