2024 401k Limits Chart. Workplace retirement plan contribution limits for 2024. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that to the $2,000 it increased from 2022 to 2023).
For 2024, the irs has increased the contribution limits for 401 (k) accounts and iras. Find out the irs limit on how much you and your employer can contribute to your 401 (k) retirement savings account in 2023 and 2024.