401k 2024 Limits Increase

401k 2024 Limits Increase. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was. The ira catch‑up contribution limit for individuals aged 50.


401k 2024 Limits Increase

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Some retirement plans have lower limits, so check the details of your allowable.

401k 2024 Limits Increase Images References :