2024 401k Contribution Limit

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2024 401k Contribution Limit. Set by the internal revenue service (irs), this limit undergoes periodic adjustments to account for inflation and changes in the cost of living. 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.


2024 401k Contribution Limit

If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). The 401(k) contribution limit is $23,000.

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