Maximum 401 K Contribution Limit 2024

Maximum 401 K Contribution Limit 2024. The limit on employer and employee contributions is $69,000. 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.

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. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.