401 K Plan Contribution Limits 2024 Employer
401 K Plan Contribution Limits 2024 Employer. The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from. (for 2023, those numbers are.
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. For those 50 or older, the limit is $30,500.