2024 Contribution Limits Irs. The irs retirement plan contribution limits increase in 2024. The irs limits how much employees and employers can contribute to a 401(k) each year.

Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from. The contribution limit doesn’t apply to transfers.