401 K Contribution Limits 2024 Irs. The contribution limit for 401(k), 403(b), thrift savings plans and most 457 plans will be $23,000 in 2024, rising from $22,500 in 2023. The irs limits how much employees and employers can contribute to a 401 (k) each year.
The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. 2024 irs 401 (k) contribution and compensation limits.