401k Limit 2024 50 Year Rule. For tax year 2025, employees can contribute up to $23,500. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.