401k Contribution Limits 2024 Age 55. The irs released 401(k) and ira contribution limits for 2024. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras.
If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. This amount is up modestly from 2023, when the individual.