401 K Irs Limits 2024. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer. As the table above illustrates, the 2024 irs limit for employee 401(k) contributions jumped up $500 from the 2023 mark of $22,500.
The irs released 401(k) and ira contribution limits for 2024. Contribution limits for a roth 401(k) are the same as for a traditional 401(k).