Max 401k Contribution 2024 Age 55. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira contribution deductibility. The 401(k) contribution limit for 2024 is $23,000.

If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. This number only includes personal contributions — employer matches.