401k Contribution Limits 2024 After Tax 2022. The contribution limits for individual retirement accounts (iras) also increases. 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.

Altogether, the most that can be contributed to your 401 (k) plan between both you and your employer is $70,000 in. For 2025, the annual employee contribution limit for 401 (k) plans is set to increase from $23,000 in 2024 to a record high of $23,500.