Irs Maximum 401k Contribution 2024 Over 50. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal. More people will be able to make contributions to roth.

The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. The 401(k) contribution limit for 2024 is $23,000.