401k Limits 2024 50 Years Old. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.
The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. During your working years of saving and investing for retirement, it’s important to keep putting more money into your 40(k), traditional ira,.