2024 401k Contribution Limit Irs. The 2024 personal contribution limit has one level for employees under 50 and another for workers 50 and older. This amount is an increase of $500 from the 2023 401(k.

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. The 2024 personal contribution limit has one level for employees under 50 and another for workers 50 and older.