401k Contribution Limits 2024

401k Contribution Limits 2024. 401 (k) contribution limits in 2023 and 2024. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

It’s similar to a private company 401k in terms of tax benefits, contribution limits, etc. The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50.