Limits For 401k 2024. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government's thrift savings plan can.
Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. In 2024, the combined contribution limit is increasing to $69,000, up from $66,000 in 2023.