Irs 2024 Max 401k Contribution Limits. For individual retirement accounts, or iras—both roth and traditional types—2024 contributions will max out at $7,000, up from $6,500 in 2023. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.
The 401(k) contribution limit for 2025 is $23,500, up from $23,000 in 2024. Ira limits get a boost too the irs also announced it was raising.