401k Contribution Limits 2024 Roth And Traditional

401k Contribution Limits 2024 Roth And Traditional. The income limits for the roth ira apply only to roth ira contributions, so you could still contribute to a traditional ira up to the $6,500 (or $7,500) limit for 2023,. The 401(k) contribution limit for 2024 is $23,000, or $30,500 if you’re at least 50.

For 2024, you can contribute up to $7,000 to a roth or traditional ira. The contribution limits also apply to roth 401(k) contributions.