2024 401k Contribution Limit And Catch Up. The income thresholds to be eligible for a roth ira are. Changes in inflation affect the limits, which have risen gradually.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.