401k Contribution Limits 2024 Roth Over 50. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. What the new 401k contribution limit means for you.
As a result, the total allowable contribution for someone 50 or older is $30,500 in 2024. You can contribute a maximum of $7,000 (up from $6,500 for 2023).