Alfi Cristal

Maximum 401k Contribution 2024 Per Person Per Month. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.

Employer matches don’t count toward this limit and can be quite generous. This amount is up modestly from 2023, when the individual.