Individual 401k Contribution Limits 2024. According to a statement issued by the irs, starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for. Contributions to 401 (k)s can be automatically deducted from your paycheck.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. According to a statement issued by the irs, starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for.