2024 401k Limits And Catch Up Limits. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500 in 2023.
Workplace retirement plan contribution limits for 2024. In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023.