Combined 401k Contribution Limits 2024

Combined 401k Contribution Limits 2024. The irs limits how much employees and employers can contribute to a 401 (k) each year. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

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 401(k) contribution limit is $23,000 in 2024.