Irs Annual Additions Limit 2024. The irs recently announced 2024 limits affecting retirement plans and other qualified savings vehicles. The irs limits how much employees and employers can contribute to a 401 (k) each year.

The 2024 annual additions limit is $69,000 this limit applies to the sum of your mandatory employee contributions to uwrp, voluntary contributions to uwrp, the uwrp. Employees will be able to sock away more money into their 401 (k)s next year.