401k Limit 2024 Family

401k Limit 2024 Family. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 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. Generally, your human resources or benefits department is a good place to start.