401 K Limits 2024 Over 50

401 K Limits 2024 Over 50. 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. 401(k) contribution limits for 2024.

In 2024, the contribution limit for 401(k) accounts is increasing by $500 to $23,000. Contribution limits are set by the irs and refer to the amounts that can be contributed to a 401 (k) each year.