2024 Max 401k Contribution Limits Over 50 . In 2024, the contribution limit for a roth ira is $7,000, plus an additional contribution of $1,000 if you are age 50 or older. The limit on employer and employee contributions is $69,000.
For 2023, the limits were $66,000, or $73,500 if you’re 50 or older. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
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