401k Matching Contribution Limits 2024. For tax year 2024 (filed by april 2025), the limit is $23,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can. That’s an increase from the 2023 limit of $330,000.