401k And Roth 401k Contribution Limits 2024. Unlike roth iras, roth 401 (k)s don't have income limits. 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.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase.