401k Contribution Limits 2024 Age 55. The contribution limit will increase from $22,500 in 2023 to $23,000. This limit includes all elective employee salary deferrals and any contributions made to a designated roth account within your 401(k) or to a roth 401(k)plan.
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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