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Roth 401k Catch Up Contributions401k Catch up contributions for Roth 401k plans:According to the IRS, the 2024 maximum amount you can contribute to your Roth 401k plan is $23,000 subject to the 402(g) limit. In 2023, that limits is $22,500.
However, if you are 50 years old or older, or you will be 50 during the current year then you are allowed to defer an additional $7,500 from your salary into your Roth 401k plan in 2024 provided your Roth 401k plan documents allow for catch up contributions. Not all 401k plans offer catch up contributions nor are they required by law to do so. This is unchanged from the 2023 Roth 401k catch up limit.
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