2024 Maximum Roth And 401k Contribution

2024 Maximum Roth And 401k Contribution. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. Roth 401 (k) contribution limits are the same as the traditional 401 (k) limits of $23,000 in 2024, or $30,500 for those 50 and older.


2024 Maximum Roth And 401k Contribution

In 2023, the limit was $6,500. For 2024, you can contribute up to $7,000 to a roth ira if you’re under 50 and your income falls below the threshold.

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