401k Max Contribution 2024 And Ira Contribution. 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. If you're 50 or older, you can add another $1,000 for a total contribution of $7,500.
The irs increased 2024 contribution. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
