401k Limit 2024 Roth 2024. For individual retirement accounts, or iras—both roth and traditional types —2024 contributions will max out at $7,000, up from $6,500 in 2023. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. For 2024, the limit is $23,000, or $30,500 if you’re 50 or older.