401k Limits 2024 Over 50

401k Limits 2024 Over 50. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

The 401 (k) employee contribution limit for 2024 is $23,000. For the year 2024, the contribution limit for 401(k) plans is $23,000 for individuals under age 50 and $30,500 for those 50 and older.