401 K Plan Contribution Limits 2024 Calendar. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. The 401 (k) contribution limit is $23,000.

According to the report, mercer envisions the irs increasing contribution limits by $500 in 2024 for not only 401 (k)s, but also 403 (b) and eligible 457 plans. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.