401k 2024 Employer Contribution Limit Irs. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.
Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. A full deduction up to the amount of your contribution limit.