Individual 401 K Contribution Limits 2024 Employer Match

Individual 401 K Contribution Limits 2024 Employer Match. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. 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 50 or older can. For those 50 or older, the limit is $30,500.