Roth Contribution Limits 2024 401k Over 50. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. For 2024, the maximum 401(k) contribution limit is $23,000 for individuals under the age of 50.
The 401(k) compensation limit is $345,000. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.