2024 401k Contribution Limits 2024 Irs. This is an increase from the 2023 limit of $22,500. In 2023, the most you can contribute to a roth 401 (k) and contribute in pretax contributions to a traditional 401 (k) is $22,500.

For employer sponsored plans including 401 (k), 403 (b) and 457 retirement plans—as well as thrift savings plans, a type of account for federal employees and. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023.