401k Contribution Limits 2024 After Tax Filing

401k Contribution Limits 2024 After Tax Filing. Some retirement plans have lower limits, so check the details of your allowable contributions. 2 in 2024, the limit goes up to $7,000 for most savers.

Roth 401(k) contribution limits are part of the $23,000 ($30,500) regular personal contribution limit for 2024, if your 401(k) plan allows roth. For the 2023 tax year, the maximum contribution to a traditional or roth ira is the lesser of (a) your taxable compensation for 2023, or (b) $6,500 (or $7,500 if you are age 50 or older at any time during the calendar year).