2024 401k Limits And Matching Fund. — the combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older. — the 401(k) contribution limit for 2024 is $23,000.
For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000. — the combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older.