2024 Max 401k Contribution Catch Up Rate. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
401 (k) contribution limits in 2023 and 2024. Those 50 and older can contribute an.