2024 Ira Contribution Limits 401k And 457. Contribution limits for 401(k), 403(b), and most 457 plans, as well as the federal government's thrift savings plan will also increase by $500 for 2024. The irs has announced that the contribution limit for workers who participate in 401(k), 403(b), most 457 plans, and the federal government’s.
The ira catch‑up contribution limit for individuals aged 50 and over was amended under the secure 2.0 act of 2022 to include an annual cost‑of‑living adjustment but remains. The irs released 401(k) and ira contribution limits for 2024.