2024 401k Limit. 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. Those 50 and older can contribute an additional.
For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.