Irs 401k Limits 2024 Catch Up. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025,. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.

As you can see, the limit increased by $500 for elective contributions, and $1,000 for overall contributions, compared to 2024. The 401(k) contribution limit for 2025 is $23,500, up from $23,000 in 2024.