2024 401k Contribution Limits Chart 2024

2024 401k Contribution Limits Chart 2024. In 2025, the irs allows you to contribute up to $23,500 to your 401(k) plan, up from $23,000 in 2024. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.

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. The contribution limit for simple 401k and simple ira plans is $16,000 in 2024.