401k Limit 2024 Irs. In 2024, the income limit for the credit increased to $76,500 for married couples filing jointly, up from $73,000 in 2023. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.
For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.