Individual 401 K Contribution Limits 2024 Over 50 . If you are 50 or older, your personal. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.
For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. This is an increase of $500 from 2023.
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