2024 401k Contribution Limits Irs. The 401 (k) contribution limit for 2024 is $23,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.

Workplace retirement plan contribution limits for 2024. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs.