2024 401k Limits Contribution 2024. 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. Those 50 and older can contribute an additional $7,500.
As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. Use a free paycheck calculator to gain insights to your 401k and financial future.