2024 401k Limits Contribution For 2024. You can contribute a maximum of $7,000 (up from $6,500 for 2023). 401k contribution limits have changed for this year.
For 2024, individuals can contribute up to $23,000 to their 401(k), 403(b), most 457 plans, and the federal government’s thrift savings plan (tsp), an increase from last year’s limit of $22,500. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.
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