Lanae Miranda

What Is The Max 401k Contribution For 2024. This amount is up modestly from 2023, when the individual 401 (k) contribution limit. 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 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023. In 2024, the contribution limit for 401(k) accounts is increasing by $500 to $23,000.