401k Contribution Limits 2024 Irs. There are limits to how much employers and employees can contribute to a plan (or ira) each year. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
2024 irs 401k ira contribution limits darrow wealth management, workplace retirement plan contribution limits for 2024. It usually makes sense to contribute enough to your 401(k) account to get the maximum matching contribution from.