Total 401k Contribution Limit 2024

Total 401k Contribution Limit 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. Most people don't max out their 401(k).

The 2024 individual 401(k) contribution limit is $23,000, and 2025’s is $500 higher. For 2023, the overall annual contribution limit (including both individual and employer contributions) was $66,000;