Dedie Faustine

Limits For 401k Contributions 2024 Over 60. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs.

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. Workplace retirement plan contribution limits for 2024.