Roth 401 K Income Limits 2024 Olympics. For the 2024 tax year, the irs allows up to $7,000 in contributions to an ira for individuals under age 50. The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023โs limit.
Retirement savings benefits, max contributions individuals can contribute up to $23,000 total into their traditional or roth 401(k) plans in 2024,. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.