401k Contribution Limits 2024 Roth And Traditional

401k Contribution Limits 2024 Roth And Traditional. For 2024, the roth ira contribution limit increases to $7,000. Starting in 2025, employees can sock away up to $23,500 in their 401 (k)s.

You can contribute as much as $23,000 ($30,500 if you’re at least age 50) to a 401k in 2024. The maximum amount you can contribute to a roth 401 (k) for 2024 is $23,000 if you’re younger than age 50.