401k Annual Limit 2024 . 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 2025, that limit rises to $23,500.
The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. If you are age 50 or older, you can contribute an extra $7,500 in both.
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