401k Irs Limit 2024. The 2023 individual 401 (k) contribution limit is $22,500, up $2,000 from 2022. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;
Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. So keep that in mind!.