Irs 401k Total Contribution Limits 2024. The irs announced the changes to the dollar limits on benefits and contributions under qualified retirement plans, as well as other items, for tax year 2024. Unless your plan terms provide otherwise, the salary (elective) deferral limit is applied.
Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from. For anyone 50 or older, you will be allowed to put.