401k And Roth Ira Contribution Limits 2024. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The annual contribution limits are much smaller for roth ira accounts than for 401(k)s.
Those 50 and older can contribute an additional $7,500. The annual roth ira contribution limit in 2023 is $6,500 for adults younger than 50 and $7,500 for adults 50 and older.
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