What Is Irs 401 K Limit For 2024. Those 50 and older can contribute an additional. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. This is always 5x the maximum 401 (k) plan total contribution limit.