401k 2024 Contribution Limit Chart Over 50. The 401 (k) contribution limit is $23,000. The limit for both traditional and roth irasis $7,000 total from among all accounts, a $500 increase from the $6,500 limit in 2023.

August 7, 2024 by editorial board. 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.