401k Contribution Limits 2024 Married. Married couples filing jointly must decide how much they will contribute to their respective retirement accounts to avoid exceeding the irs contribution limit. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). The 401 (k) 2024 employee contribution limit is $23,000, which is an increase.