2024 401k Contribution Limits Chart 2024. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

This amount is up modestly. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.