Maximum 401k Contribution 2024 Per Person. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. Known as the 402(g) limit in the internal revenue code (or irc), individuals can.

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. Plan participants can contribute up to $23,000 for 2024, which is up.