2024 Ira And 401k Contribution Limits

2024 Ira And 401k Contribution Limits. The contribution limit for individual retirement accounts (iras) for the 2024 tax year is $7,000. For 2024, you can contribute up to $23,000 to a 401(k) unless you're 50 or older,.

If you have a 401 (k) match, the combined limit in 2024 is $69,000, or $76,500 if. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.