IRS announces 2024 IRA contribution limits

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IRS announces 2024 retirement account contribution limits: $23,000 for 401(k) plans, $7,000 for IRAs

The employee contribution limit for 401(k) plans is increasing to $23,000 in 2024, up from $22,500 in 2023, and catch-up contributions for savers age 50 and older will remain unchanged at $7,500. The new amounts also apply to 403(b) plans, most 457 plans and Thrift Savings Plans.

https://www.cnbc.com/2023/11/01/irs-401k-ira-contribution-limits-for-2024.html