401k Contribution Limits 2024 Roth. Employee 401(k) contribution limits for 2024 as of 2023, individual employees have a 401(k) contribution limit of $22,500, allowing them to contribute this amount annually to. Roth 401(k) contribution limits are the same as the traditional 401(k) limits of $23,000 in 2024, or $30,500 for those 50 and older.

Aggregate* employee elective contributions limited to $23,000 in 2024; A whopping 497,000 americans have accumulated at least $1 million through their 401(k)s, a 2024 report.