2024 401k Max Over 55 . The contribution limit will increase from $22,500 in 2023 to $23,000. 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.
The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
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