401k Limits 2024 Catch Up Age . The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. The contribution limits for individual retirement accounts (iras).
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. Those 50 and older can contribute an additional.
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