2024 Ira Contribution Limits With 401k. For individual retirement accounts, or iras—both roth and traditional types —2024 contributions will max out at $7,000, up from $6,500 in 2023. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
If you’re 50 or older, you can add another $1,000 for a total contribution of $7,500. The contribution limit for 401 (k), 403 (b), thrift savings plans and most 457 plans will be $23,000 in 2024, rising from $22,500 in 2023.
2024 Ira Contribution Limits With 401k Images References :