2024 401k Catch Up Contribution Limits. The irs limits how much employees and employers can contribute to a 401 (k) each year. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500.
The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. 2024 401k catch up contribution limits 2024.