401k 2024 Contribution Limit Irs. The plan must specifically state that contributions or benefits. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.

The irs has officially announced the 401k and ira contribution limits for the year 2024. Deferred compensation limits for all employees under.