2024 Max 401k Contribution. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits. This means that your total 401 (k) contribution limit for 2024 is.
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.