2024 Max 401k Contribution Limits Catch Up. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.

Workplace retirement plan contribution limits for 2024. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500.