401k Limits 2024 50 Years. Workers who contribute to a 401 (k), 403 (b), most 457 plans, and the federal. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase.

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. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.