Max 401 K Contribution 2024 . Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs. What is the 401 (k) contribution limit in 2024?
If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
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