401k Contributions 2024 Maximum Limit

401k Contributions 2024 Maximum Limit. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. The irs adjusts this limit.


401k Contributions 2024 Maximum Limit

The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.

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