2024 Ira Contribution Limits 401k. You can pump more money into your ira in 2024. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.
If the spouse making the ira contribution is covered by a workplace. By exceeding your 401(k) contribution limits for 2024, you’re essentially underpaying your income taxes.
