2024 401k Contribution Limits Chart Pdf. Known as the 402 (g) limit in the internal revenue code (or irc), individuals can contribute up to $20,500 between their traditional. Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401 (k), an increase of $500 from this year.

The irs has increased the 401(k) plan contribution limits for 2024, allowing employees to defer up to $23,000 into workplace plans, up from $22,500 in 2023. The contribution limit for employees who participate in 401(k), 403(b), and most 457 plans has seen an adjustment.