401k 2024 Contribution Limit Irs. Here's who could be affected by the update, according to experts. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. What the new 401k contribution limit means for you.