2024 401k Limits Contributions Over 50

2024 401k Limits Contributions Over 50. In 2024, the typical limits for are $23,000 for 401(k)s, and for $7,000 for iras. Regular roth ira annual contribution limits apply.

The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000 ($76,500 if. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.