Maximum 401k Contribution 2024 Over 60 . For 2024, the contribution limits for 401 (k) plans have been increased. Thanks to some recent adjustments by the internal revenue service, your 401 (k) will get a bit better in 2024.
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 the $22,500 limit in 2023. For 2024 you may contribute up to $23,000 to your employer’s 401 (k) plan.
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