2024 401k Contribution Limits Over 55. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023โs limit.
Some retirement plans have lower limits, so check the details of your allowable. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.