2024 401k Max Contribution Catch Up. The contribution limits for individual retirement accounts (iras). Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. The contribution limits for individual retirement accounts (iras).