2024 401k Max Contribution Irs. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. — the irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras.
— workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500. That limit also applies to 457, 403 (b) and the federal.