401k Max 2024 Married Filing Jointly. Individuals may contribute the full amount if they're married filing jointly, and their modified adjusted gross income (magi) is less than $218,000 (rising to $230,000. The 401(k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Individuals may contribute the full amount if they’re married filing jointly, and their modified adjusted gross income (magi) is less than $218,000 (rising to $230,000.
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