2024 401k Contribution Limit Calculator App. In response to inflation, the irs has announced an increase in the 401(k) contribution limit for 2024, allowing workers to save more for retirement. In 2024, the individual contribution limit is $23,000, while the combined contribution limit for employees and employers is $69,000.

This increase allows you to save even more for your retirement. 401(k) contribution limit for 2024.