401k Max Contribution 2024 Catch Up 2024 . That limit also applies to 457, 403 (b) and the federal government’s thrift. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
The 401(k) compensation limit is $345,000. 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.
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