2024 401k Max Contribution 2024. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from.

For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.