2024 Irs 401k Contribution Limits. The irs sets contribution limits for hsas, adjusted each year for inflation. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.

Contributions to 401 (k)s can be automatically deducted from your. 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.