2024 401k Contribution Limits 2024. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k) plans in. Contribution limits along with many other tax provisions are.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to. For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.