401k 2024 Max Contribution . The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. In 2024, employees and employers can contribute a combined maximum of $69,000 (or $76,500 if the employee is age 50 or older).
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. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.
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