2024 401k Max Limit . Most people don't max out. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. If you’re 50 or older, the limit is $8,000.
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