Irs 401k Limit 2024 Catch Up. 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 individuals under 50, the standard 401 (k) contribution limit in 2024 23,000.
The 401 (k) compensation limit is $345,000. If you’re age 50 or.