California 401k Maximum Contribution 2024. In 2024, it means setting aside $23,000 in savings, or $30,500 if you're 50 or older. 401 (k) contribution limits in 2023 and 2024.
Contribution limits are determined by the internal revenue service (irs) each year. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
