Will 401k Limits Increase In 2024. Thanks to some recent adjustments by the internal revenue service, your 401 (k) will get a bit better in 2024. Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up.
Here’s how the 401(k) plan limits will change in 2024: The 2024 401(k) contribution limit is $500 higher than this yearโs $22,500 max, which reflected a major increase from the 2022 limit of $20,500.
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