401k 2024 Limit. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.

The annual contribution limit is per person. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).