401k 2024 Maximum. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. In 2023, this rises to $22,500.
In 2024, the contribution limit for a roth 401(k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. Here’s what you need to know about that maximum, employer matches and how much you should contribute.