Maximum 401k Contribution 2024 Per Personal. 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 are 50 or older, and you have maxed out your regular contribution, you are able to.
Here’s what you need to know about that maximum, employer matches and how much you should contribute. Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023.
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