Total 401k Contribution Limit 2024 After Tax. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

Assume your income is $100,000 per year, and you contribute $19,500. For the 2023 tax year, the maximum contribution to a traditional or roth ira is the lesser of (a) your taxable compensation for 2023, or (b) $6,500 (or $7,500 if you are age 50 or older at any.