2024 401k Contribution Limits 2024 Irs. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans. Starting in 2024, individuals under the age of 50 will be able to contribute up to $23,000 annually to their 401 (k) accounts, a significant increase from the previous limit.

The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. 2024 irs 401k contribution limits images references :