Total 401k Contribution Limit 2024
Total 401k Contribution Limit 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from.
For 2023, the overall annual contribution limit (including both individual and employer contributions) was $66,000; For 2024, it has risen to $69,000.