2024 401k Catch Up Limit. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. 401k contribution limits 2024 catch up total tax liability.according to a statement issued by the irs, starting in 2024, employees can contribute up to $23,000 into their 401 (k),.

The contribution limits for individual retirement. Employees 50 or older can contribute up to $30,500 with.