Limit For 401k 2024. 401(k) contribution limits in 2023 and 2024. The 401 (k) contribution limit for 2024 is $23,000.
The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. For 2024, you can contribute up to $7,000 to a roth or traditional ira.