Maximum 401k Contribution 2024 Per Person. 401 (k) contribution limits for 2024. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.
The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.