401k Limit For 2024 With Catch Up Plan. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.  — for 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.

In 2023, this rises to $22,500. In addition, individuals 50 years old or older are eligible to make an additional.