Irs 2024 Max 401k Contribution Limits. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. 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.
The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).