401 K Plan Contribution Limits 2024. If you're not participating in a defined contribution (dc) plan, such as a 401(k),. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023.

That means a new 401 (k) contribution limit of. Each year, the internal revenue service (irs) provides a limit on what an individual can contribute to a 401 (k) plan.