Roth 401 K Contribution Limit 2024 Over 65 . See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing. This goes for employees covered by 403 (b) plans and most 457 plans, too.
The limit on employer and employee contributions is $69,000. The irs also noted on nov.
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401k Limits 2024 Roth Lida Johanna , Unless you make only modest contributions to your 401(k), which could be unlikely given a $1 million account balance, you may not be able to shift entirely to a roth ira.