2024 401k Max Contribution Rates Of. The 2023 limit was $22,500. The roth 401k contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. 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.