401k Contribution Limits 2024 Over 50 Over 60 . Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. Those 50 and older will be able to.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift. You’re allowed to make what are called “ catch up contributions ” to your 401(k), 403(b), and 457 plans, which are extra amounts on top of the normal contribution limit.
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