401k 2024 Limits Increase Over Time. — 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. The dollar limitation for catch.
— employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. — for those who are able or wish to, you will be allowed to sock away even more money into a 401 (k) or ira next year.
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