401k Contribution Limits 2024 Roth Vs Traditional. Both the roth 401(k) and the traditional 401(k) have the same contribution limit. The limit increases to $8,000 for individuals aged 50 and older.

Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.