Irs 401k 2024 Maximum Limit. The maximum qslp amount for a plan year with respect to a 401(k), 403(b), or governmental 457(b) plan is equal to the applicable limit under code section. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.
In 2024, the irs allows you to contribute an extra $7,500 to your 401(k), bringing your maximum contribution to $30,500. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
