Max 401k Ira Contribution 2024. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. 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.
The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. The new $23,000 limit will also apply to several other retirement plans, including 403(b)s, most 457 plans and the federal government’s thrift savings plan.
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