Roth 401k Contribution Limits 2024. This is an extra $500 over 2023. Contribution limited to $7,000 plus an additional $1,000 for employees age 50 or older in 2024;

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.