2024 Maximum 401k Contribution

2024 Maximum 401k Contribution. The 401(k) contribution limit for 2024 is $23,000. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.

The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 2024 limit on annual contributions to an ira will be $7,000, an increase from $6,500 in 2023.