Max 401k And Roth Contribution 2024

Max 401k And Roth Contribution 2024. See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.


Max 401k And Roth Contribution 2024

As kiplinger has reported, if you are younger than 50, the maximum amount you can contribute to a roth 401(k) for 2024 is $23,000. Employees 50 or older can contribute up to $30,500 with catch.

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