401k Contribution Limits 2024 Catch Up Total Today

401k Contribution Limits 2024 Catch Up Total Today. If employers match contributions, the 415. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from.

Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.