401k Maximum Contribution 2024 Over 55 . The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. The contribution limit for employees who participate in 401(k), 403(b), most 457 retirement plans, and the federal government's thrift savings plan is $22,500 for 2023.
This goes for employees covered by 403 (b) plans and. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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