Maximum 401k Contribution 2024 50 50000. See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing. If you're age 50 or.


Maximum 401k Contribution 2024 50 50000

In contrast, the maximum contribution in a traditional or roth ira (individual retirement account) is $7,000 and $8,000 for those 50 and older. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

Maximum 401k Contribution 2024 50 50000 Images References :