2024 401k Contribution Limits For Simple 401k Plan. The limits used to define a “highly. If you’re under the age of 50, you can contribute up to $22,500 to your 401 (k) plan in 2023.
For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from.