Maximum 401k Contribution With Catch Up 2024. The limit on total employer and employee contributions for 2023 was. 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 announced nov.
Those 50 and older can contribute an additional $7,500. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.