401k Limit 20245. For those who are able or wish to, you will be allowed to sock away even more money into a 401 (k) or ira next year. Here are the latest contribution limits for all employees who participate in 401 (k) plans;
Until then, here are the limits for 2025 retirement plan contributions (we’ll update this post when the irs officially announces the 2025 changes). The 2024 contribution limit for 401(k) plans is $23,000.