what is the max amount you can contribute to your 401k per year?

[MindyB]

It depends on your age.  For 2024, the typical W-2 employee under 50 could contribute $23,000, those ages 50 and older could contribute an additional $7,500 for a total of $30,500.

For 2025, the typical W-2 employee can contribute $23,500, with the catch-up remaining unchanged; except certain individuals, ages 60-63 have a higher catch-up of $11,250.

For detailed information, see: 401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000