401 K Limits 2024. The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023’s limit. Participants who are 50+ can save an additional.
The contribution limits for individual retirement accounts (iras). As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.