401k Max 2024 Contributions 2024

401k Max 2024 Contributions 2024. September 21, 2024 — 09:45 am edt. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.

The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.