401k Contribution Limit 2024 In India.  — 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. The internal revenue service’s (irs) recent announcement of the anticipated adjustments to investor contribution limitations for.

This marks a $500 increase from the 2023 limit of $22,500.  — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).