2024 401k Limits Contributions Over 50. Below are the 2024 irs limits and additional information to keep you informed. Learn about the 2024 contribution limits for different retirement savings plans including 401k,.

This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax. The 401(k) contribution limit will increase to $22,500 in 2023.