401k 2024 Contribution Limit Irs . 401k 2024 catch up contribution limit irs karol angelita, employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000. The 401(k) contribution limit is set by the irs and has been set to $23,000 for 2024.
In 2024, the contribution limits are $23,000, or $30,500 for those age 50 or older. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.
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