401k 2024 Limits Increase 2024. Additional highlights for 2024 the limit on annual contributions to an ira increased to $7,000 (up. This year the irs announced there will be an increase to the maximum employee 401(k) contribution limit for 2024, increasing it to $23,000, a $500 increase.

Those 50 and older can contribute an additional. Here is what you can expect to see next year.