401k Limits 2024 Roth

401k Limits 2024 Roth. The roth ira contribution limit for 2024 is $7,000, or $8,000 if you’re 50 or older. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.


401k Limits 2024 Roth

As kiplinger has reported, if you are younger than 50, the maximum amount you can contribute to a roth 401(k) for 2024 is $23,000. This limit includes all elective employee salary deferrals and any contributions.

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