401k Contribution Limits 2024 Roth And Traditional. Contribution limited to $7,000 plus an additional $1,000 for employees age 50 or older in 2024; $6,500 plus an additional $1,000 for employees age 50 or older in 2023;
Roth 401 (k) contribution limits are the same as the traditional 401 (k) limits of $23,000 in 2024, or $30,500 for those 50 and older. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.