2024 401k Limits Irs. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits. View the 2024 irs compensation and contribution limits and how they compare to 2023.

In 2024, the 401(k) contribution limit for participants is increasing to. The irs sets 401(k) contribution limits and typically increases them by $500 each year.