Irs Annual 401k Contribution Limit 2024. This adjustment is part of the irs’s annual review to keep contribution limits aligned with the. If you're age 50 or older,.

For example, some cash balance / 401 (k) combo plan designs have potential. 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.