401k 2024 Contribution Limit Irs. The limit on employer and employee contributions is $69,000. The 401(k) contribution limit is set by the irs and has been set to $23,000 for 2024.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. The irs released 401(k) and ira contribution limits for 2024.