401k Limit 2024 Combined Limit

401k Limit 2024 Combined Limit.  — here's how the 401 (k) plan limits will change in 2024:  — there is an overall limit on how much you and your employer can contribute to your 401 (k) plan each year.

 — 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. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k).