401k Limits 2024 50. Learn about the 2024 contribution limits for different retirement savings plans including 401k, 457, 403b, 401a and iras. 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.
This limit includes all elective employee salary deferrals and any contributions. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal governmentโs thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.
