Maximum 401 K Contribution Limit 2024 Over 50

Maximum 401 K Contribution Limit 2024 Over 50.  — the roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.  — 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.

 — 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. If you’re 50 or older, the limit is $8,000.