401k Limit 2024 50 Percent Increase. The new contribution limit for 401(k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the internal revenue service said friday. Economists at the university of pennsylvania estimate trump’s tax and spending plans would.
The 401 (k) contribution limit for 2025 is $23,500. Participants can contribute up to $23,000 to their 401(k) plans in 2024 (up from $22,500 in 2023).