Roth Contribution Limits 2024 401k Over 50
Roth Contribution Limits 2024 401k Over 50. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. Those numbers will stay the same.
As kiplinger has reported, if you are younger than 50, the maximum amount you can contribute to a roth 401(k) for 2024 is $23,000. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.