401k Limit 2024 Roth And Traditional

401k Limit 2024 Roth And Traditional. (however, you could be subject to lower contribution limits if you're deemed a highly compensated employee.). The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).

See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing. Benefits of the solo 401 (k) 1.