2024 401k Catch Up Limit. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. For 2024, you can contribute up to $7,000 to a roth or traditional ira.

If you’re 50 or older, the limit is $8,000. For 2024, you can contribute up to $7,000 to a roth or traditional ira.