2024 401k Contribution Limits 2024. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to. For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000.

In 2024, the contribution limit for 401k plans, including 403 (b) plans, and most 457 plans, will increase to $23,000. In 2024, the max is $23,000.