Ira Contribution Limits 2024 With 401k Plan. Ira contribution limit increased for 2024. Contribution limits for 401 (k), 403 (b), and most 457 plans, as well as the federal government's thrift savings plan will also increase by $500 for 2024.
However, individual retirement account (ira) contributions will continue to be $7,000 in 2025,. These charts show the income range in which your deduction may be disallowed if you or your spouse participates in a retirement plan at work:
