2024 401k Contribution Maximum Amount

2024 401k Contribution Maximum Amount. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. In 2024, the maximum you can invest in your 401(k) is $23,000, and this doesn't include any employer matching contributions.

In fact, bank of america’s 2q, 2024 participant pulse report shows that more participants (86.7%) kept their contribution rate steady in the second quarter, as. This amount is an increase of.