Trish Henrieta

2024 401k Contribution Limits 2024 Over 55. It will go up by $500 to $23,500 in 2025. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.

Savers will be able to contribute as much as $23,500 to a 401(k) in 2025, up from $23,000 in 2024. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.