401k Limit For 2024 With Catch Up Contribution. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from.