401 K Contribution Limits 2024

401 K Contribution Limits 2024. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). Some retirement plans have lower limits, so check the details of your allowable.

You can contribute to more than one 401 (k) plan. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.