401k Contribution Limits 2024 Employer Contribution Limits. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024.

It will go up by $500 to $23,500 in 2025. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.