401k Limits 2024 Roth. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. See the limits for traditional 401 (k)s, roth 401 (k)s, employer contributions, and profit sharing.

Since money in a roth 401 (k) is not taxed once you reach a standard retirement age, any given account balance in a roth 401 (k) translates to more spending power than the same balance in a traditional 401 (k). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.