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401k Roth Ira Contribution Limits 2024

401k Roth Ira Contribution Limits 2024. If you're age 50 or older, you can make an. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.


401k Roth Ira Contribution Limits 2024

The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that to the $2,000 it increased from 2022 to 2023).

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