401 K Contribution Limits 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. In 2024, the 401(k) contribution limit for participants is increasing to.

For gen z, those born between 1997 and 2012, the roth 401(k) contribution rate was 16.8%. The 401 (k) contribution limit is $23,000 in 2024.