Irs 401k 2024 Maximum Limit. 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. In 2024, the maximum you can contribute is $23,000 as the employee plus an additional 25% of compensation as the employer.
If you are age 50. If you contributed to multiple employer retirement savings plans in 2024, you are required to confirm if you have contributed over the annual irs limits.