Keri Selena

What Is The Max 401k Contribution For 2024 Over 50. The contribution limit for a designated roth 401 (k) increased $500 to $23,000 for 2024. The deductibility phaseout for ira contributions for those with a retirement plan at work.

If both are over 50, they can contribute an additional $7,500. The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.