Individual 401k Limits 2024 . You can contribute to both a 401 (k) and an ira, as long as you keep your contributions to certain limits. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.
For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
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