2024 401k Contribution Max Over 50

2024 401k Contribution Max Over 50. The limit on employer and employee contributions is $69,000.  — in 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.

 — in 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. By contrast, only 11.5% of baby boomers are making contributions into a roth.