401k Contribution Limits 2024 Age 50. You can contribute to more than one 401 (k). The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.
For 2024, employees can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. Traditional ira contribution limits change each year, but the rules for 2024 are: