401k 2024 Contribution Limit Irs After Tax. In 2024, the total combined limit, including. If you contribute more than the limit, you may be subject to double taxation on the extra amount.

The irs sets a maximum contribution limit for how much money employees can put into their 401(k)s, as well as a limit for how much an employer and employee can contribute combined. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.