401 Contribution Limits 2024

401 Contribution Limits 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The 401(k) contribution limit is $23,000.

In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).