2024 401k Contribution Limit Irs. Limits on contributions and benefits. For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Whether navigating the new rmd age limit or looking at your charitable giving strategies, these changes can impact your retirement income, taxes and even medicare.