Wini Amandie

2024 401k Limits Catch Up Plan. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. 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.

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. 401(k) (other than a simple.