401k Limit 2024 69000 Limit

401k Limit 2024 69000 Limit. 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 overall 401 (k) limits for employee and employer.

The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.