Irs 401k Limit 2024.  — the contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.  — the irs released 401(k) and ira contribution limits for 2024.

For those 50 or older, the limit is $30,500. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.