Libbi Rozele

Contribution Limit 401k 2024 Employer. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. If you and your employer are both contributing to your 401 (k),.

In 2025, that limit rises to $23,500. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.