401k Limits 2024 Roth Conversion

401k Limits 2024 Roth Conversion. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.