Limit For 401k 2024 . The contribution limit for employees who participate in 401k, 403b, and most 457 plans, as well as the federal government's thrift savings plan is increased to $23,000, up from $22,500. 401(k) contribution limits for 2024.
If you are age 50. To start, individuals can contribute up to $23,500 โ an extra $500 from the 2024 limit โ to their 401(k) plans in 2025, according to the irs announcement.
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