2024 401k Limits Catch Up. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. 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.
The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. Starting in 2025, if youโre 60 to 63, you will get a higher contribution limit than people in.