2024 401k Contribution Limit And Catch Up. For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024.
Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. The contribution limit for employees who participate in 401 (k), 403 (b), and most 457 plans, as well as the federal government’s thrift savings plan, however, will.
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