2024 401k Contribution Limits 2024 Over 50. The maximum roth ira contribution limit for 2025 is the same as for 2024, which is $7,000 for those under 50, and an additional $1,000 in catch up contribution for those 50 and. Individuals aged 50 and older are allowed to put more money into a 401 (k) every year to help them make up for earlier years when they couldn't spare as much.
The 2024 contribution limits allow you to save an extra $7,500 in your 401(k) if you’re 50 or older. In 2024, the typical limits for are $23,000 for 401 (k)s, and for $7,000 for iras.
2024 401k Contribution Limits 2024 Over 50 Images References :