Employee Contribution Limit 401k 2024 Catch Up. 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. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023.