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. You can contribute to more than one.
The irs also sets limits on how much you and your employer combined can contribute to your 401. You can invest up to $23,000 in 401(k) plans in 2024, and anyone age 50 or older can put in an extra $7,500.
For 2024, The 401 (K) Limit For Employee Salary Deferrals Is $23,000, Which Is Above The 2023 401 (K) Limit Of $22,500.
401(k) employee contribution limits increase in 2024 to $23,000 from $22,500 in 2023.
For 2024, The Maximum Allowable Contribution To A 401(K) Is $23,000 Per Year (Up From $22,500 In 2023).
The 401(k) contribution limit is $23,000.
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Employees Can Invest More Money Into 401 (K) Plans In 2024, With Contribution Limits Increasing From 2023โS $22,500 To $23,000 For 2024.
401 (k) contribution limits in 2023 and 2024.
You Can Invest Up To $23,000 In 401(K) Plans In 2024, And Anyone Age 50 Or Older Can Put In An Extra $7,500.
Employees over age 50 can put aside an extra $7,500.
