Will 401k Limits Increase In 2024. — 401k standard contribution limit in 2024. — employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
The increase applies to other retirement savings accounts,. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.