401k Limits 2024 Table Irs. The 2024 contribution limits for 401(k), 403(b), and most 457 plans have been raised, increasing by $500 the amount plan participants can contribute. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.
Irs 401k catch up limits 2024 terra, according to the irs, there must be an “ immediate and heavy financial need ” for a 401 (k) hardship withdrawal. As the table above illustrates, the 2024 irs limit for employee 401 (k) contributions jumped up $500 from the 2023 mark of $22,500.