2024 Max 401k Contribution Limits Catch Up 2024. For individual retirement accounts, or iras—both roth and traditional types—2024 contributions will max out at $7,000, up. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023. The limit on employer and employee contributions is $69,000.