Maximum Contributions 401k 2024 Fidelity. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401 (k), 403 (b), and 457 (b). Those 55 and older can.

For the tax year 2024, the maximum amount that an employee can contribute to their 401(k) retirement plan 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 in 2024, a $500 increase.