401 K Limits 2024. While 401(k)s also have contribution limits, they’re much higher than those for roth iras: Participants who are 50+ can save an additional $7,500 in 2024 in.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. For 2024, you can contribute up to $23,000 to a 401.