Roth 401 K Contribution Limit 2024 Calendar

Roth 401 K Contribution Limit 2024 Calendar. A roth 401 (k) is a kind of hybrid between a roth ira and a 401 (k), with some rules from each kind of plan. 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.

A roth 401 (k) is a kind of hybrid between a roth ira and a 401 (k), with some rules from each kind of plan. As kiplinger has reported, if you are younger than 50, the maximum amount you can contribute to a roth 401(k) for 2024 is $23,000.