401k Limits 2024 2025 And 2025. The irs announced that 401k elective contributions will increase by $500 to $23,500 for 2025. For 2025, this limit remains $3,850.
The 401 (k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. Employees can defer $23,500 into workplace plans, a modest increase from $23,000 in 2024.