2024 401k Contributions Max

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2024 401k Contributions Max. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).


2024 401k Contributions Max

For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.

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