Irs 401k After Tax Limits 2024. 401k and retirement plan limits for the tax year 2024. If you are looking to get on track to becoming a 401 (k) millionaire or achieving financial freedom, the irs has just announced the new 2024 401 (k) contribution limits.
On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k) plans in. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025,.