401 K Contribution Limits 2024 Irs. What is the 401 (k) contribution limit for 2024? Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
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. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023.
