401k Limits 2024 After Tax Contribution. The 401 (k) contribution limit for 2024 is $23,000 for individuals under the age of 50. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The 401(k) contribution limit will increase to $22,500 in 2023.