Eva Philipa

Maximum 401k Contribution 2024 With Catch Up Period. Known as the 402(g) limit in the internal revenue code (or irc), individuals can contribute up to $20,500 between their traditional and roth 401(k) accounts in 2022. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

Contribution limits for a roth 401(k) are the same as for a traditional 401(k). In 2022, for people under 50 years old, this limit is.