Maximum 401k Contribution 2024

Maximum 401k Contribution 2024. 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. You can contribute to more than one 401(k) plan.

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. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.