New Irs 401k Limits 2024. Treasury, irs issue updated guidance on required minimum distributions from iras, other retirement plans; Find out more about the 2024 defined benefit plan limits.
Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.