2024 Maximum 401k Contribution. That compares with the $500 boost seen in 2024 over 2023. You can contribute to more than one.


2024 Maximum 401k Contribution

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. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal governmentโ€™s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.

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