401k Max 2024 After Taxation. The table below gives a more. Traditional 401 (k) withdrawals are taxed at the account owner's current income tax rate.

The maximum 401k contribution limit for 2024 increases to $23,000, up from $22,500 in 2023, up from $20,500 in 2022, and up from $19,500 in 2021. When you make a contribution to a traditional 401 (k), you can deduct that amount from your taxable income within that year.