2024 Max 401k Contribution Limits

2024 Max 401k Contribution Limits. 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. Since 401(k) plans offer significant tax benefits, the government limits how much you can contribute to your account each year.


2024 Max 401k Contribution Limits

What is the 401 (k) contribution limit for 2024? For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000.

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