401k Max Contribution 2024 Roth And Traditional. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

You can contribute as much as $23,000 ($30,500 if you’re at least age 50) to a 401k in 2024. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.