2024 401k Contribution Limits 2024 Irs. The 401 (k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. The income limits for receiving a retirement savings contributions credit (“saver’s credit”) in 2024 for married filing jointly are $46,000 (50% credit), $50,000 (20% credit), and.
The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. Those 50 and older can contribute more.