2024 401k Limits Chart. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. Finally, we’ll review traditional and roth ira.

The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 for employee and employer contributions combined. The irs said on friday it increased the annual employee deferral limit to $23,500, from.