401k Contribution Limits

Below are the maximum 401k contribution limits, 401k employee deferral limits for this year as well as the maximum catch up 401k contribution you can make if you are 50 years or older. Note the big jump since 2021.

Year401k Contribution Limit401k Employee Deferral401k Catch up Contribution
2024$69,000$23,000$7,500
2023$66,000$22,500$7,500
2022$61,000$20,500$6,500
2021$58,000$19,500$6,500
2020$57,000$19,500$6,500
2019$56,000$19,000$6,000
2018$55,000$18,500$6,000
2017$54,000$18,000$6,000
2016$53,000$18,000$6,000
2015$53,000$18,000$6,000
2014$52,000$17,500$5,500
2013$51,000$17,500$5,500
2012$50,000$17,000$5,500
2011$49,000$16,500$5,500
2010$49,000$16,500$5,500
2009$49,000$16,500$5,500
2008$46,500$15,500$5,000
401k Contribution Limits