401k Limit 2024 Married Person. โ for those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. To understand how a solo 401 (k) works, think of contributing both as an employee of your company and as the employer.
In 2023, this rises to $22,500. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.