401k Limits 2024 Table Irs. This limit includes all elective employee salary deferrals and any contributions. Here's how the 401(k) plan limits will change in 2024:
As the table above illustrates, the 2024 irs limit for employee 401(k) contributions jumped up $500 from the 2023 mark of $22,500. The 2024 401 (k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.