401k Limit 2024 Family. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or.

This is an increase from the 2023 limit of $22,500. 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 employees, the irs.