401k Max Contribution 2024 Catch Up Fidelity. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. Your employer might match a percentage.

Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. 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.