2024 Max 401k Contribution Catch Up. — 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 contribution limits for individual retirement accounts (iras).
— the 401 (k) contribution limit for 2024 is $23,000. — workplace retirement plan contribution limits for 2024 for those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.