401 K Limits 2024 Over 50. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.