The maximum contribution that an employee (age 40) can make into a 401(k) plan that is not taxed for federal income tax withholding purposes is $25,000.

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For 2023, the maximum contribution that an employee under the age of 50 can make into a 401(k) plan is $22,500. This amount is not taxed for federal income tax withholding purposes. The $25,000 figure would include catch-up contributions, which are only available for those aged 50 and older.

The Maximum Contribution That an Employee (Age 40) Can Make