401k Max Contribution 2024 Calculator. Note that your annual contribution is also subject to certain contribution limits set by the irs. In 2024, the individual contribution limit is $23,000, while the combined.

The irs sets a limit on how much can be put into this plan every year, also known as an annual 401(k) contribution limit. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.