401k Limit 2024

401k Limit 2024. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. The 401(k) contribution limit 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. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).