401k Max 2024 Over 55
401k Max 2024 Over 55. 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 increase from the $22,500 limit in 2023. Learn about the 2024 contribution limits for different retirement savings plans including 401k, 457, 403b, 401a and iras.
The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. Some retirement plans have lower limits, so check the details of your allowable contributions.