Annual 401k Contribution Limit 2024 Over 50. 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. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.
The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023). 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.
Annual 401k Contribution Limit 2024 Over 50 Images References :