401k 2024 Contribution Limit

401k 2024 Contribution Limit. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. Most people don't max out their 401(k).

Before exploring how to max out your contributions, it’s helpful to understand how much you can contribute. In addition, employees age 50 and older can contribute up to another $7,500 toward their 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan.