2024 401k Maximum Contribution. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Workplace retirement plan contribution limits for 2024.
Use our calculator to estimate your future balance. For 2024, the maximum allowable contributions to roth iras are $7,000 for those younger than 50 and $8,000 for those older.