Dyana Goldina

401k Contribution Limits 2024 Catch Up Total Income Tax. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.

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. The contribution limits for individual retirement.