401k 2024 Limits Irs . 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. For 2024, the maximum 401 (k) contribution limit is $23,000 for individuals under the age of 50.
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 $22,500 for 2023. 401k and retirement plan limits for the tax year 2024.
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