What Is The 401 K Contribution Limit For 2024. The limit on employer and employee contributions. Each year, there's a limit on how much you can stash away in your 401 (k).

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. 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.