2024 Irs 401k Contribution Limits. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.
Retirement savers are eligible to put $500 more in a 401 (k) plan in 2024: The 2024 401(k) contribution limit is $500 higher than this yearโs $22,500 max, which reflected a major increase from the 2022.