Annual 401k Contribution Limit 2024 Pdf. The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. Current 401 (k) contribution limits.

 — the irs has increased the 401(k) plan contribution limits for 2024, allowing employees to defer up to $23,000 into workplace plans, up from $22,500 in 2023. As of 2024, the irs’s 401 (k) contribution limit has risen to $23,000.