2024 401k Limits Contribution For 2024. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase. See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing.
The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. Workplace retirement plan contribution limits for 2024.
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