Conny Kiersten

2024 Max 401k Contribution. Employers can contribute to employee roth. 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.

For most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from.