2024 401k Contribution Limits Irs. 401(k) contribution limit for 2024. The limit on compensation that can be used to factor your contribution is $345,000 in 2024.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. 401 (k) contribution limits for 2024.