401k Catch Up 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. 401(k) (other than a simple 401(k)).

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will. 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.