401k 2024 Contribution Limit Irs.  — the irs has officially announced the 401k and ira contribution limits for the year 2024.  — for 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

 — starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.