2024 Max 401k Contribution Limits

2024 Max 401k Contribution Limits. Workplace retirement plan contribution limits for 2024. Participants who are 50+ can save an additional.

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. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).