401k Limit 2024 Combined. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
What is the 401(k) contribution limit in 2024? 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.