Gillan Claudina

401k 2024 Tax Year Limits Over 50. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. In contrast, participants in workplace 401 (k) plans can contribute up.

For the tax year 2024, the maximum amount that an employee can contribute to their 401 (k) retirement plan is $23,000. For 2024, you can contribute up to $69,000, or $76,500 if you’re 50 or older.