Ira Contribution Limits 2024 Chart Pdf. The irs has increased the 401(k) plan contribution limits for 2024, allowing employees to defer up to $23,000 into workplace plans, up from $22,500 in 2023. For 2024, that limit is $345,000, an increase from $330,000 in 2023.
For 2022, 2021, 2020 and 2019, the total contributions you make each year to all of your traditional iras and roth iras can’t be more than: Contribution limits for 401 (k) and other retirement plans for the 2023 tax year are $22,500 or $30,000 if you’re 50 or older (2022: