2024 401k Maximum Contribution Limits Irs. More people will be able to make contributions to roth. This limit applies to both traditional and roth employee.

The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans.