2024 401k Contribution Limit And Catch Up. This dollar amount is the same as in 2023. For 2024, the irs has increased the contribution limit for 401 (k), 403 (b), most 457 plans, and the federal government's thrift savings plan to $23,000, up from $22,500 in 2023.
In 2024, the irs has increased the standard employee contribution limit for 401 (k) plans to $23,000. For 2022, anyone can contribute up to $6,000 to a traditional ira or roth ira (or a total of $6,000 to multiple.