401k Max Contribution 2024 And Ira Max Contribution. In 2024, irs increases to max 401 (k) and ira contributions make it feasible to put more money in your savings. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

You may need to work at a. The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.