401k Limit 2024 After Tax. That's the standard contribution limit for employees under. 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.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50.