Annual 401k Contribution Limit 2024

Annual 401k Contribution Limit 2024.  — for individual retirement accounts, or iras—both roth and traditional types —2024 contributions will max out at $7,000, up from $6,500 in 2023.  — workplace retirement plan contribution limits for 2024.

But if you are age 50 or older, you can take. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.