2024 401k Contribution Limit Irs. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. The amount you can contribute to a 401(k) plan is controlled by the irs.
Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. 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.