2024 401k Contribution Limit. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. Now you may also be eligible for an employer match against every student loan payment you make.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. For individual retirement accounts, or irasโboth roth and traditional types โ2024 contributions will max out at $7,000, up.
