2024 Contribution Limits Irs. Retirement savers are eligible to put $500 more in a 401(k) plan in 2024: For 2024, there is a $150 increase to the contribution limit for these accounts.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. The limit on annual additions (the combination of all employer contributions and employee elective salary deferrals to all 403 (b) accounts) generally is the lesser of: