401k Limit 2024 Combined Contribution Limit. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

Next there’s the overall contribution limit, which combines both employer and employee contributions. If you’re age 50 or older, you’re.