401k 2024 Contribution Limit Chart Over 50. The limit on annual contributions to an ira increased to $7,000, up from $6,500. Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.
The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.
401k 2024 Contribution Limit Chart Over 50 Images References :
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