401k Contribution Limits 2024

401k Contribution Limits 2024. In 2024, the contribution limit for a roth 401(k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.

The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.