401k Contribution Limit 2024 Catch Up. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For 2024, you can contribute up to $7,000 to a roth or traditional ira.
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. For individuals under 50, the standard 401(k) contribution limit in 2024 23,000.
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