2024 Retirement Contribution Limits 401k Plans. Employees can contribute a maximum of $15,500 in. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

Irs sets contribution limits for 401k and ira retirement savings plans in 2024. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.