2024 401k . Starting this year, you may be able to withdraw the money from your 401 (k) with relative ease. 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 federal employees, the irs announced nov.
For 2024, this contribution limit is set at $23,000. A new labor department rule that raises the legal bar for investment advice about retirement savings is at risk of being overturned in court, according to attorneys.
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2024 401k Contribution Limits Chart By Age Mavra Sibella , The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.