401k Contribution Limits 2024 Rothwal. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. In 2025, the irs has forecasted an increase in the 401 (k) elective deferral limit to $24,000, up by $1,000 from the current limit.
Roth 401(k) contribution limits 2024. In 2024, employees can contribute up to $23,000 to their plans.