401k Max Contribution 2024 And Ira Limit. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Changes in inflation affect the limits,.
For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. You can contribute to both a 401 (k) and an ira, as long as you keep your contributions to certain limits.