2024 Irs 401 K Contribution Limits. 1, 2024 — the internal revenue service today announced disaster tax relief for all individuals and businesses affected by hurricane helene,. For individual retirement accounts, or iras—both roth and traditional types —2024 contributions will max out at $7,000, up from $6,500 in 2023.

The most you can contribute to a 401 (k) in 2024 is. This amount is an increase of $500 from the 2023 401 (k).