401k 2024 Compensation Limits Fidelity. For 2025, the irs limits the amount of compensation eligible for 401(k) contributions to $350,000. The contribution limit for employees who participate in 401k, 403b, and most 457 plans, as well as the federal government's thrift savings plan is increased to.

The annual contribution limit is $23,000 in 2024 and $23,500 in 2025. If you’re age 50 or older, you’re eligible for an.