2024 401k Contribution Limits Chart Pdf. 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. Past year limits are also posted on the irs website in a historical table.

The irs has officially announced the 401k and ira contribution limits for the year 2024. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.