401k 2024 Limit Contribution Tax. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 401 (k) contribution limit for 2024 is $23,000.
More people will be able to make contributions to roth. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.