2024 401k Limits Irs. The irs has increased the 401 (k) plan contribution limits for 2024, allowing employees to defer up to $23,000 into workplace plans, up from $22,500 in 2023. In november 2023, the irs issued updates for 2024.


2024 401k Limits Irs

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. You have until the filing deadline of the following year to contribute to an ira.

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