401k Contribution Limits 2024 Over 50. The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. The maximum amount you can contribute to a roth 401 (k) for 2024 is $23,000 if you're younger than age 50.


401k Contribution Limits 2024 Over 50

The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.

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