401k Max Contribution 2024 Catch Up Date. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. If you’re looking to max out your retirement savings, you’ll be happy to hear that the contribution limits have been bumped up by $500 for most retirement savings.
The 2024 maximum 401k contribution limit will be $23,000, which is a an increase of $500 over the 2023 maximum 401k contribution limit of $22,500 (which had increased a. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.
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