2024 401k Maximum Contribution Limits Irs. The new $23,000 limit will. The 401 (k) employee contribution limit for 2024 is $23,000.

In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023. By exceeding your 401(k) contribution limits for 2024, you’re essentially underpaying your income taxes.

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Total 401k Contribution Limits 2024 Tommi Isabelle, 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 for ira.

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