401k Contribution Limits 2024 Catch Up Total Cost. For 2024, the total contributions you can make to any ira (traditional or roth) can’t be more than the following limits: 401(k) employee contribution limits increase in 2024 to $23,000 from $22,500 in 2023.
Understanding 401k contribution limits for 2024. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.