Total 401k Contribution Limit 2024 After Tax. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021. Most people don't max out their 401(k).


Total 401k Contribution Limit 2024 After Tax

In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. The 401(k) contribution limit for 2024 is $23,000.

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