What Is The 401k Limit For 2024 Irs Catch-Up. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. This number only includes personal contributions — employer matches.

This means that throughout the year, you can allocate up to this amount from. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.