Total 401k Contribution Limit 2024 Nfl. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. The 401k/403b/457/tsp contribution limit is $23,000 in 2024.
For comparison, the maximum contributions were $22,500 for 2023, $20,500 in 2022 and $19,500 in 2021. 401 (k) plan participants are permitted to contribute a total of $23,000 annually.