2024 401k Limits By Age . The employer’s 401 (k) maximum contribution limit is much more liberal. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
The maximum amount you can contribute to a roth 401 (k) for 2024 is $23,000 if you’re younger than age 50. The 401 (k) contribution limit is $23,000.
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Max 401k 2024 Contribution Over 50 Aili Salomi , Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000.