2024 Combined Ira And 401k Contribution Limit
2024 Combined Ira And 401k Contribution Limit. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. For 2024, each spouse can contribute up to $7,000, or $8,000 if they are age 50 or older.
Combined 401k contribution limits 2024. Those limits reflect an increase of $500 over the 2023.