2024 Retirement Contribution Limits 401k Withdrawal. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

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. Specifically, you can withdraw up to $1,000 from your.