Max Limit 401k 2024. In 2024, irs increases to max 401 (k) and ira contributions make it feasible to put more money in your savings. In 2024, you can contribute up to $23,000 per year to a 401(k) and $7,000 per year to a traditional ira or roth ira.

That limit also applies to 457, 403 (b) and the federal government’s thrift. The irs increased 2024 contribution limits for 401 (k)s, 403 (b)s,.