Married 401k Contribution Limits 2024. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. 1 that the annual contributions to an individual retirement account increased to $7,000, up from $6,500.
The contribution limit will increase from $22,500 in 2023 to $23,000. 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.
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