401k Contribution Limits 2024 Catch Up Total Assets. The 2024 contribution limits for 401 (k), 403 (b), and most 457 plans have been raised, increasing by $500 the amount plan participants can contribute. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023.
Your employer might match a. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).