401k Max Contribution 2024 Roth. T he irs on wednesday raised the amount that americans can set aside for retirement in their 401 (k) and other tax. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.
The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
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