2024 401k Limits And Matching Fund. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. 401 (k) contribution limits for 2024.

In 2024, the irs limits total 401 (k) contributions to $69,000 or 100% of the employee’s compensation, whichever is less. The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023’s limit.