2024 401k Limits Catch Up

2024 401k Limits Catch Up. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. T he irs on wednesday raised the amount that americans can set aside for retirement in their 401 (k) and other tax.

For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. Please note that this calculator is only intended for sole proprietors (or llcs taxed as such).