401k Max 2024 Catch Up 2024. The irs has officially announced the 401k and ira contribution limits for the year 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

That limit also applies to 457, 403(b) and the federal government’s. 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 announced nov.