Msfs 202024 Max 401k Contribution Over 55. 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. For 2024, the maximum allowable contribution to a 401(k) is $23,000 per year (up from $22,500 in 2023).

The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined. This amount is up modestly from 2023, when the individual.