401k Contribution Limits 2024 Employer Matching 2024. The thrift savings plan (tsp) is a retirement savings and investment plan for federal employees and members of the uniformed services, including the ready reserve. The 401 (k) contribution limit is $23,000.

If you’re age 50 or older,. Employer 401 (k) matching doesn’t apply toward the 401 (k) contribution limit, but there is a higher limit to watch our for.