401k Limit 2024 Combined Limit

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401k Limit 2024 Combined Limit. The annual elective deferral limit for 401 (k) plan employee contributions is increased to $23,000 in 2024. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


401k Limit 2024 Combined Limit

In 2024, the contribution limit for a roth ira is $7,000,. Those 50 and older can contribute an additional $7,500.

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