401k 2024. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. Total average 401 (k) savings rates reached a record high of 14.2%, driven by employee and employer 401 (k).