401k Contributions 2024 Max
401k Contributions 2024 Max. The contribution limit will increase from $22,500 in 2023 to $23,000. More people will be able to make contributions to roth.
For 2024, the maximum allowable contributions to roth iras are $7,000 for those younger than 50 and $8,000 for those older. For 2024, you can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for savers age 50 and older.