Max 401k Contribution 2024 And Catch Up Contribution. In 2022, for people under 50 years old, this limit is. 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.

In 2022, for people under 50 years old, this limit is. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.