Irs 401k Limits 2024. The maximum an employee can contribute to 401 (k), 457, and 403 (b) plans increases from. The irs also announced defined benefit plan limits for 2025.

For 2024, individuals can contribute up to $23,000 to their 401(k), 403(b), most 457 plans, and the federal government’s thrift savings plan (tsp), an increase from last. Employees will be able to sock away more money into their 401 (k)s next year.