2024 401k Maximum Contribution 2024
2024 401k Maximum Contribution 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. The 401(k) contribution limit for 2024 is $23,000.
The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax. The 401 (k) contribution limit is $23,000 in 2024.