2024 401k Limits Over 50

2024 401k Limits Over 50. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. For 2024, individuals can contribute up to $23,000 to their 401(k), 403(b), most 457 plans, and the federal government’s thrift savings plan (tsp), an increase from last.

Next year, however, you’ll have even more opportunity to sock. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.