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401k Roth Ira Contribution Limits 2024 Over 50
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401k Roth Ira Contribution Limits 2024 Over 50. In 2024, the contribution cap is $23,000 (or $30,000 if you’re over 50), and this may not be enough. If you're 50 or older, you can add another $1,000 for a total contribution of $7,500.
However, while a 401(k) is a great starting point, it has limits. If you’re 50 or older, you can add another $1,000 for a total contribution of $7,500.
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