2024 401k Contribution Limit . Set by the internal revenue service (irs), this limit undergoes periodic adjustments to account for inflation and changes in the cost of living. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.
If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). The 401(k) contribution limit is $23,000.
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