Roth 401k Limit 2024

Roth 401k Limit 2024. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.

For 2024, you can contribute up to $7,000 to a roth or traditional ira. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.