2024 401k Maximum Contribution Limits 2024. 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 2023. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
In 2024, the combined contribution limit is increasing to $69,000, up from $66,000 in 2023. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
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