401k Contribution Limits For 2024 Over 50. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. More people will be able to make contributions to roth ira accounts, too.
For those who use simplified employee pension (sep) iras or simple iras, the 2025 contribution limits are as follows: The maximum amount you can contribute to a roth 401(k) for 2024 is $23,000 if you’re younger than age 50.