401k Limits 2024 Rothschild. — the 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira.
— there are no roth 401(k) income limits, but there is a $23,000 contribution limit for 2024 and other guidelines to know to max your retirement tax advantages. — those who are over the age of or turning fifty in 2024 can contribute an additional $1000 for a total of $8000 for the year.