Total 401k Contribution Limit 2024 Over 50. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. 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 roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000.