401k Irs Limit 2024. 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. The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently.
For anyone 50 or older, you will be allowed to put. The 2024 401(k) contribution limit is $500 higher than this yearโs $22,500 max, which reflected a major increase from the 2022.