401k 2024 Maximum Contribution

401k 2024 Maximum Contribution. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. Here's what you need to know about that maximum, employer matches and how much you should contribute.

 — the 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. It is $3,500 for simple 401(k).