401k Limits 2024 After Taxes 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. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.

For 2024, individuals can only contribute the full amount — $7,000, with an additional $1,000 for people age 50 or over — to a roth ira if their income is below. You can contribute a maximum of $7,000 (up from $6,500 for 2023).