Is there ever a reason not to max a 401k (if possible)?

Is there ever a reason not to max a 401k (if possible)? TLDR: Does it ever make sense not to max a 401k if you can (for early-career individuals)? ​ Situation I'm currently deciding how much to put into my 401k, and I'm wondering if there are any reasons not to max it. A quick breakdown of my situation:
Late 20s, full time employee Yearly income of 176,000 USD (salary + bonus) in a stable job
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