Ira Contribution Limits 2024 With 401k. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500. For people 50 and older, you may contribute an additional.
Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. 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 announced nov.