Roth 401k Contribution Limits 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 contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
It’s similar to a private company 401k in terms of tax benefits,. If you have access to a roth 401 (k) and a traditional 401 (k), you can contribute up to the annual maximum across both.
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