2024 401k Max Contribution Rates

2024 401k Max Contribution Rates. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. 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.

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. In 2023, the most you can contribute to a roth 401 (k) and contribute.