2024 Contribution Limits 401k Fidelity. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500.

The irs limits how much employees and employers can contribute to a 401 (k) each year. Ira/ roth contributions go up to $7,000 from $6,500.