Max 401k Contribution 2024 Calculator. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. Use this calculator to see how increasing your contributions to a 401 (k), 403 (b) or 457 plan can affect your paycheck as well as your retirement savings.
The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023). Your annual 401 (k) contribution is subject to maximum limits established by the irs.
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