2024 Irs 401 K Contribution Limits. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
For 2024, the irs allows you to contribute up to $23,000 to your 401 (k) at work and up to $7,000 to your ira. The 401 (k) employee contribution limit for 2024 is $23,000.
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