Roth 401k Limit 2024 Over 50
Roth 401k Limit 2024 Over 50. If you have access to a roth 401 (k) and a traditional 401 (k), you can contribute up to the annual maximum across both. Employees 50 or older can contribute up to $30,500 with catch.
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. This is an extra $500 over 2023.