401 K Contribution Limits 2024 Employer. In comparison, the average savings of people 75 or older is $357,920. 401 (k) contribution limits in 2023 and 2024.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. Maxing out your 401 (k) might be on your radar if you’re serious about.