2024 Max 401k Contribution Employer. If you are 50 or older, you can save $7,500 more in your roth 401 (k) as a. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Personal contribution limits for 401 (k) plans increased in 2024 to $23,000โup $500 from $22,500 in 2023โfor people under age 50.