What Is The 401 K Contribution Limit For 2024 Tax Year

What Is The 401 K Contribution Limit For 2024 Tax Year. In 2024, the 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.

Workplace retirement plan contribution limits for 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.