2024 401 K Catch Up Contribution Limit. You can also contribute the full $7,000 to a roth ira for 2024. Total contributions cannot exceed 100% of an employee’s annual.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs.