401k 2024 Limits Irs. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. Workplace retirement plan contribution limits for 2024.
Here’s how the 401(k) plan limits will change in 2024: The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.