2024 Roth Ira Contribution Limits 401k Over 50
2024 Roth Ira Contribution Limits 401k Over 50. In 2023, the limit was $6,500. For 2023, the roth 401 (k) contribution limit is $22,500.
The maximum roth ira contribution limit for 2024 is $7,000 for those under 50, and an additional $1,000 in catch up contribution for those 50 and older. Plus, a roth 401(k) has a higher contribution limit than a roth ira, so you could stash up to $23,500 (or $31,000 if youโre age 50 to 59 or age 64 or older.
