401k Contribution Limits 2024 Age 50 . The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. For 2024, the maximum 401(k) contribution limit is $23,000 for individuals under the age of 50.
Maximum salary deferral for workers: 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.
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