2024 401k Contribution Limit Irs. As predicted in forecasts earlier this year, the internal revenue service announced today. 401k 2024 contribution limit irs catchup nelle marieann, for 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000.
The 401(k) contribution limit for 2024 is $23,000. Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.