401k Limit 2024 After Tax. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. The simple ira and simple 401 (k) contribution limits will increase from $15,500 in 2023 to $16,000 in 2024.
The simple ira and simple 401 (k) contribution limits will increase from $15,500 in 2023 to $16,000 in 2024. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.