401k Limits 2024 Catch Up 2024 . Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. 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.
Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. 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.
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