401k Contribution Limits 2024 Catch Up Total Assets. The 401 (k) contribution boost for 2024. The irs sets limits on retirement account contributions in order to regulate the tax advantages provided by these plans.
Plan participants can contribute up to $23,000 for 2024, which is up from $22,500. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.