Irs 401k Employee Contribution Limits 2024 . The 401 (k) contribution limit is $23,000 in 2024. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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