401k Contribution Limit 2024 Catch Up 2024. More people will be able to make contributions to roth. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

More people will be able to make contributions to roth. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.