Contribution Limit 401k 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. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

What is the basic contribution limit for 401(k)s? The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.