Max Roth 401k Contribution 2024 Over 50

Max Roth 401k Contribution 2024 Over 50. For gen z, those born between 1997 and 2012, the roth 401(k) contribution rate was 16.8%. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.