401 K Plan Contribution Limits 2024au

401 K Plan Contribution Limits 2024au. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. The total amount that can be contributed to your 401 (k), also known as the 415 (c) limit, inclusive of both your own paycheck deferrals and any employer contributions, is.

This amount is up modestly from 2023, when the individual. If you are contributing to a simple 401(k) plan (a retirement savings plan offered by companies with 100 or fewer employees), your individual contribution limit is.