Deanne Celestine

401k Limit 2024 Married Filing Separately. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

Here are the new income limits: For 2023 and 2024, married individuals filing separately can only contribute to a roth ira if their modified adjusted gross income (magi) is less than $10,000.