Hana Quinta

401k Contribution Limits 2024 Roth And Traditional. If you're age 50 and older, you can add an extra $7,500. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

For most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income. Use our calculator to estimate your future balance.