2024 Irs 401k Limit.  — this is always 5x the maximum 401 (k) plan total contribution limit. That's an increase from the 2023 limit of $330,000.

 — in november 2023, the irs issued updates for 2024.  — for 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.