Irs 401k Contribution Limits 2024. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500 in 2023. 401k contribution limits 2024 catch up over 50 dacy rosana, in 2024, the irs limits total 401 (k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less.

That amount rises to $76,500 with catch. The 401(k) contribution limit is $23,000.