Irs 401k Limit 2024 Over 50. However, 403 (b) plans can (but are not required to) offer a second type. For 2024, you can contribute up to $7,000 to a roth or traditional ira.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Employees 50 or older can contribute up to $30,500 with catch.