2024 Max 401k Contribution Limits Catch Up Limit

2024 Max 401k Contribution Limits Catch Up Limit. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to. The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.