401k 2024 Limits Catch Up Over 50. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. A key difference between an ira and a 401 (k) account is this:

The irs has officially announced the 401k and ira contribution limits for the year 2024. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.