401k Contribution Limits 2024 Age 50. The limit on employer and employee contributions is $69,000. The limit for employee contributions to a 401 (k) in 2024 is $23,000 for those under 50.

The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.