401k Contribution Limits 2024 Roth And Traditional

401k Contribution Limits 2024 Roth And Traditional. The contribution limit will increase from $22,500 in 2023 to $23,000. This is a $500 increase compared to the 2023 limit, so plan participants can save even more for.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. (rmds) on the money inside your traditional 401(k).