Roth 401 K Contribution Limit 2024 Olympics

Roth 401 K Contribution Limit 2024 Olympics. The irs has increased the roth 401(k) contribution limit to $23,000 for 2024, up from $22,500 in 2023. See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing.

Those 50 and older can contribute an additional $7,500. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.