Shay Marijo

401k Limits 2024 Catch Up Contribution. There's also a $7,500 catch. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal.

Starting in 2025, the 401 (k) employee deferral limit will jump to $23,500, up from $23,000 in 2024. 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.