401k 2024 Maximum Limits. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. In 2024, the contribution limit for a roth 401(k) is $23,000, plus an additional contribution of $7,500 if.

The irs adjusts this limit. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older.