401k Contribution Limits 2024 After Tax Contribution. For the tax year 2024, a taxpayer filing as a single individual must have a magi of less than $161,000 in order. Employee 401(k) contribution limits for 2024 as of 2023, individual employees have a 401(k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401(k).

Learn how to make the most of your 401(k) plan So, if you were exercising this option in 2024, you’d only be able to roll over up to $7,000, which is the 2024 limit for people younger than 50.