401k 2024 Tax Year Limit 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. — the 401(k) contribution limit for 2024 is $23,000.
— 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. For tax year 2024, employees can contribute up to $23,000.