2024 401k Maximum Contribution Limit In India. You can’t use both the 457 (b). The limit on employer and employee contributions is $69,000.
In the previous year, the maximum amount an individual could contribute to their 401 (k) plan was $22,500. Learn how much you can contribute to your 401 (k) plan in 2023 and 2024, and how the irs adjusts the limits annually for inflation.