2024 Max 401k Contribution Over 55. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. What is the 401(k) contribution limit in 2024?
The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras. 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 from the $22,500 limit in.