Max 401k Compensation 2024. In 2024, employees can contribute up to $23,000 to their plans. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.
The 2024 limit on 401 (k) contributions is $23,000, or $30,500 for people 50 and older. Most people don’t max out their 401 (k).