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. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. Investing in a 401(k) is a powerful way to save for retirement.
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