401 K Limits 2024 Catch Up . The 401 (k) contribution limit for 2024 is $23,000. The irs limits how much employees and employers can contribute to a 401(k) each year.
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. 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 federal employees, the irs.
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