What Are The 2024 401k Limits. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to. When most people think of 401(k) contribution limits, they are thinking of the elective deferral limit, which is $23,000 for 2024.
If you’re trying to catch up on retirement savings, the high contribution limits make it possible. The contribution limits for individual retirement.