Irs 401k Employer Contribution Limits 2024. The irs sets 401(k) contribution limits and typically increases them by $500 annually. Keep in mind that there are a few key.

For 2024, individuals can contribute up to $23,000 to their 401 (k), 403 (b), most 457 plans, and the federal government’s thrift savings plan (tsp), an increase from last. Irs raises 401k contribution limit to $23,500 for 2025, boosting retirement savings.