401k 2024 Maximum Contribution In India. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000.
In the previous year, the maximum amount an individual could contribute to their 401 (k) plan was $22,500. Maximum 401k contribution 2024 calculator.