401k Max Contribution 2024 And Ira 2024. The dollar limitation for catch. For individual retirement accounts, or iras—both roth and traditional types—2024 contributions will max out at $7,000, up from $6,500 in.

Contributions to 401 (k)s can be automatically deducted from your. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).