401k Contribution Limits 2024 Catch Up Total Contribution. For example, the individual deferral limit for 401(k) and 403(b) plans will increase from $22,500 to $23,000. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025,.

In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Cap on employer contributions as an extra benefit, some companies offer an.