What Is The 401k Limit For 2024 Over 50

What Is The 401k Limit For 2024 Over 50. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. The limit on employer and employee contributions is $69,000.

Those 50 and older can contribute an additional. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.