2024 401k Contribution Limits 2024 Irs. As the table above illustrates, the 2024 irs limit for employee 401(k) contributions jumped up $500 from. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401 (k).
For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will. For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.