2024 401k Limits Irs. — the 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k) plans in.
— the 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. — the simple ira and simple 401 (k) contribution limits will increase from $15,500 in 2023 to $16,000 in 2024.