401k And Roth Ira Contribution Limits 2024 Over 50

401k And Roth Ira Contribution Limits 2024 Over 50. Learn how much you can contribute to roth and traditional iras in 2024, and what factors affect your eligibility and deductibility. In 2023, the limit was $6,500.

The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.