Maximum 401k Contribution 2024 Per Person. You can contribute to more than one 401(k) plan. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum 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. Those 50 and older can contribute an additional $7,500.
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