401k 2024 Limits Increase. The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently. I estimate it will go up by $500 to $23,500 in 2025.
For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. The new $23,000 limit will also apply to several other.
