401 K Contribution Limit 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. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.
Some retirement plans have lower limits, so check the details of your allowable. That’s up from $66,000 in.
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