Roth 401 Contribution Limits 2024

Roth 401 Contribution Limits 2024. It’s similar to a private company 401k in terms of tax benefits, contribution limits, etc. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

Roth 401 (k) contribution limits are the same as the traditional 401 (k) limits of $23,000 in 2024, or $30,500 for those 50 and older. The irs sets the maximum that you and your employer can contribute to your 401 (k) each year.