2024 Maximum 401k Contribution

2024 Maximum 401k Contribution. For the tax year 2024, the maximum amount that an employee can contribute to their 401 (k) retirement plan is $23,000. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from.


2024 Maximum 401k Contribution

The 401 (k) contribution limit for 2024 is $23,000. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.

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