2024 Max 401k Employer Contribution Rate. Get the latest 401(k) contribution limits for 2024. Simple 401(k) plan contributions max out at $16,000 for the 2024 tax year.
The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500 in. If youโre age 50 or older in 2022, you may be eligible to sock away.