401k Catch Up 2024 Roth . The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Employers can also contribute to an employee's roth 401(k), though not all.
Individuals can contribute up to $23,000 total into their traditional or roth 401(k) plans in 2024, no matter how high their income is that year. There’s also a $7,500 catch.
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Contribution Limits Increase for Tax Year 2024 For Traditional IRAs , This is an extra $500 over 2023.