401k Limits 2024 Married. The amount individuals can contribute to their 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023, the irs announced. For married couples filing jointly, the income limit is $240,000.
However, you are subject to partial contribution limits once your income reaches $146,000 (single or head of household) or $230,000 (married filing jointly.) Married couples filing jointly must decide how much they will contribute to their respective retirement accounts to avoid exceeding the irs contribution limit.