401k Limit 2024 Combined Contribution. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.
If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). This means that your total 401(k) contribution limit for 2024 is $30,500.