401k Max Contribution 2024 Married Woman. In this piece, we’ll review the 401(k) contribution limits for 2023 and 2024. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.

For heads of household, the 2024 is. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.