Max 402k 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. Washington โ the internal revenue service announced today that the amount individuals can contribute to their 401(k) plans in 2024 has increased to $23,000, up from $22,500 for 2023.
In the new year, you’ll be able to contribute up to $23,000 to 401 (k), 403 (b), and most 457 plans,. The total amount of employee and employee contributions to any 401 (k) plan is $69,000 in 2024.