Irs 2024 Max 401k Contribution Limits. Some retirement plans have lower limits, so check the details of your allowable. The irs has just announced the new contribution and benefit limits for 2024 and—reflecting the moderating inflation readings, the increases are modest.
The contribution limit for 401 (k), 403 (b), thrift savings plans and most 457 plans will be $23,000 in 2024, rising from $22,500 in 2023. The limit on total employer and employee contributions for 2023.