Annual 401k Contribution Limit 2024 Over 55. Those 50 and older will be able to. — 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 401(k) contribution limit is $23,000 in 2024. — as of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.