Irs 401k Limits 2024 Total. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. So, the irs has just announced that for 2025,.
If it does, there is action you will need to take by the tax deadline of april 15. The total solo 401(k) contribution limit (employee + employer contribution) is up to $69,000 in 2024.