New Irs 401k Limits 2024. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. The dollar limitations for retirement plans and certain other dollar limitations that.
Irs 401k catch up limits 2024 terra, according to the irs, there must be an “ immediate and heavy financial need ” for a 401 (k) hardship withdrawal. The new year is also a time for employees to check if their specific 401 (k) plans have new benefits as well.