{ "media_type": "text", "post_content": "Is the limit for 401k and Roth 401k 19,500 in total or individually?", "post_id": "61018c37b1d3be002a3fb6e1", "reply_count": 13, "vote_count": 1, "bowl_id": "5b3f7377ab53db00136f7b4c", "bowl_name": "FIRE Financial Independence Retire Early" }

Is the limit for 401k and Roth 401k 19,500 in total or individually?

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19,500 individual. 58,000 from all sources. That 58k includes employer match and after tax contributions made by you.

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Correct. 401k and IRA contribution limits are separate.

Your combined input to both 401k and Roth 401k cannot exceed 19500. So you can’t put 19500 into each if that is what you are asking. The employer contribution can go above this limit as others have mentioned.

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Total

Correct. There is also a 415c limit where all contributions from all sources (employee contributions, employer contributions) to a 401k cannot exceed $58k (in 2021)

If you are over 50, remember the $6,000 catch- up. Plus if you can swing it, do $15k into the mega back door Roth.

So it’s 19500 annually?

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