What Is The 401 K Contribution Limit For 2024. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. That compares with the $500 boost seen in 2024 over 2023.

The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50. That compares with the $500 boost seen in 2024 over 2023.