Home » 2024 » 401k 2024 Contribution Limit

401k 2024 Contribution Limit

401k 2024 Contribution Limit. 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. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.


401k 2024 Contribution Limit

If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

401k 2024 Contribution Limit Images References :