Contribution Limits 2024. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

You can make 2024 ira contributions until the. $7,000 ($8,000 if you’re age 50 or older), or if.