Irs 2024 Max 401k Contribution Limits. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. These accounts are popular retirement savings.
This amount is up modestly from 2023, when the individual 401 (k). Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.
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