Roth 401k Contribution Limits 2024 Over 50. In other words, if you're under 50, you can't put more than $22,500 total as employee contributions in your 401 (k) accounts in 2023, no matter how many accounts you have. This is an extra $500 over 2023.

For most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.