401k Contribution Limits 2024 Catch Up Total Tax . For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.
The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. For those 50 or older, the limit is $30,500.
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401k Contribution Limits And Limits (Annual Guide) , Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401 (k), an increase of $500 from this year.
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