Irs 401k Employer Contribution Limits 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.


Irs 401k Employer Contribution Limits 2024

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. The internal revenue service sets the maximum amount you and your employer can contribute to your 401 (k), and that number increases in 2024.

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