2024 401k Combined Contribution Limit

2024 401k Combined Contribution Limit. The limit on combined employee and employer contributions is $69,000, up from $66,000 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.

If you have both a roth 401(k) and a roth ira, depending on your age, your total annual contribution for all accounts in 2024 has a combined limit of: The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.