401k Limit 2024 Combined. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. 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.
Most people don’t max out their 401(k). The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.