What Is 2024 Maximum 401k Contribution Limit. Employers with fewer than 25 employees and larger. For the tax year 2024, the maximum amount that an employee can contribute to their 401(k) retirement plan is $23,000.
Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from the $22,500 limit in 2023. It will go up to $16,500 in 2025.
What Is 2024 Maximum 401k Contribution Limit Images References :