401k Limit 2024 Roth Or Traditional. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). So people 50 and older can invest $30,500.

In 2023, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $22,500. The contribution limits for a traditional or roth ira increased last year for the first time in four years, and the limits are going up again for 2024.