401k Limits 2024 Total Income. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.
Workplace retirement plan contribution limits for 2024. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.