01k Maximum Contribution 2024 Fidelity. 2024 contribution limits opens in a new window the irs increased the yearly retirement plan contribution limit to $23,000 for 2024. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

This year the irs announced there will be an increase to the maximum employee 401(k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax season. 2024 contribution limits opens in a new window the irs increased the yearly retirement plan contribution limit to $23,000 for 2024.