401k Contribution Limits 2024 Catch Up Total Cost. 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. 401k contribution limits 2023 get new year 2023 update, the internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost.

Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. The internal revenue service (irs) raised the annual contribution limits.