2024 401k Maximum. That compares with the $500 boost seen in 2024 over 2023. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. Los angeles (ap) — strong growth for stocks on wall street this year have helped juice gains for savers with retirement accounts.