You can each contribute up to $22,500 in 2023 ($20,500 in 2022).
If permitted by the 401(k) plan, participants age 50 or over at the end of the calendar year can also make catch-up contributions. You may contribute additional elective salary deferrals of: $7,500 in 2023, $6,500 in 2022 for 401k plans.
IRS.gov
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
