Irs 401k 2024 Maximum Limit. The irs also imposes a limit on all 401(k) contributions made during the year. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. Once you open an ira, itโs important to be aware that the irs determines the maximum sep ira contribution limits each year.