Molli Theresa

Irs 401k Contribution Limits 2024. For 2024, the maximum 401 (k) contribution limit is $23,000 for individuals under the age of 50. The irs has announced the new contribution limits for retirement accounts, including 401(k)s, for 2025.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. There are limits to how much employers and employees can contribute to a plan (or ira) each year.