401k Max 2024 Catch Up. The maximum contribution is the same whether you contribute to one or both. The limit for overall contributions—including the employer match—is 100%.
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. The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000.
