What Is The Maximum 401k Contribution 2024. The irs limits how much employees and employers can contribute to a 401 (k) each year. The 401(k) contribution limit for 2024 is $23,000.
The roth individual retirement account (roth ira) has a contribution limit, which is $7,000 in 2024 or $8,000 if you are 50 or older. 401 (k) contribution limits in 2023 and 2024.