Max 401k 2024 Catch Up Limit. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.

For 2024, you can contribute up to $7,000 to a roth or traditional ira. The contribution limits for individual retirement accounts (iras).