401k 2024 Limit Contribution 2024. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. 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.


401k 2024 Limit Contribution 2024

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.

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