2024 Ira Contribution Limits With 401k. The irs also announced it was raising the ira annual contribution limit to $7,000 next year, from $6,500 this year. Ira contribution limits for 2024.

Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.