Annual 401k Contribution Limit 2024 Over 55 . In 2024, the irs raised the limit for annual ira contributions to $23,000 for people under 50 and $30,500 for those 50 and older, a $500 increase from 2023. More people will be able to make contributions to roth.
Your annual personal contribution limit for 2024 of $23,000 or $30,500. That limit also applies to 457, 403(b) and the federal government’s.
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