401k Contribution Limits 2024 Fidelity. The irs sets a limit on how much can be put into a 401(k) plan every year, also known as an annual contribution limit. You can contribute up to $16,000 (or $19,500 if you're 50 or older.
In 2024, you can contribute up to $23,000 to your 401(k). 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 contribution deductibility.