Max 401k Contribution 2024 Married. The 2024 contribution limits for 401 (k), 403 (b), and most 457 plans have been raised, increasing by $500 the amount plan participants can contribute. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).
As announced by the internal revenue service (irs), contribution limits for 401(k) plans have increased in 2024. The 2024 contribution limits for 401 (k), 403 (b), and most 457 plans have been raised, increasing by $500 the amount plan participants can contribute.