401k Contribution Limit 2024. 401 (k) contribution limits for 2024. 2024 irs contribution limits 401k mavra sibella, the 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.
This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.