401k Contribution Limit Increase 2024. The irs has increased the contribution limit for 401(k) plans for 2024 so individuals can now contribute up to $23,000. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.


401k Contribution Limit Increase 2024

Find out how much you can contribute to your 401 (k) or ira in 2024 and compare the tax advantages of each account. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans.

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