401k 2024 Max Contribution Limit Irs. Find out the irs limit on how much you and your employer can contribute to your 401 (k) retirement savings account in 2023. The 401(k) employee contribution limit for 2024 is $23,000.
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. The 2024 401(k) contribution limit is $500 higher than this yearโs $22,500 max, which reflected a major increase from the 2022 limit of $20,500.