401k And Roth 401k Contribution Limits 2024. If you have a traditional 401 (k), your contributions will reduce your taxable income for the year. You can save a maximum of $23,000 in a roth 401 (k) in the 2024 tax year.

Everything you need to know about 401(k) contribution limits for 2024; For the roth 401 (k), this is the total value of the account.