Roth 401 K Contribution Limit 2024 Olympics. 1 that the annual contributions to an individual retirement account increased to $7,000, up from $6,500. Total contributions to a solo 401 (k) cannot exceed $69,000 or $76,500 for those at least aged 50.
Individuals can contribute up to $23,000 total into their traditional or roth 401(k) plans in 2024, no matter how high their income is that year. In 2024, the 401 (k) maximum contribution amount allowable is $23,000.