2024 401k Tax Limit. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
But taxes collected on benefits played a supporting role,. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.