401k Contribution 2024 Limit. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

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. The basic employee contribution limit for 2024 is.