401k Max Contribution 2024 And Ira 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The limit on employer and employee contributions is $69,000.

The ira catch‑up contribution limit for individuals aged 50 and older remains. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.