What Is The 401k Limit For 2024. Be sure to take advantage. 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.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $330,000 in 2023.
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