Irs 2024 Max 401k Contribution Limits. 401(k) contribution limits for 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.
The 2024 contribution limits for 401 (k), 403 (b), and most 457 plans have been raised, increasing by $500 the amount plan participants can contribute. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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