401k Contribution Limit 2024 Catch Update. While you have until the tax filing deadline of april 15, 2025, to contribute to an ira for the 2024 tax year, you must make your. 401(k) contribution limits for 2025.

The 2025 maximum 401k contribution limit will be $23,500, which is a an increase of $500 over the 2024 maximum 401k contribution limit of $23,000 (which had increased $500 over the prior year). The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500 in 2023.