401k Max Contribution 2024 And Ira Contribution. Instead, one may contribute a total of $6,500 split across the different iras, say $4,000 to a roth ira, and the remaining $2,500 to a traditional ira. Learn about tax deductions, iras and work retirement plans, spousal iras and more.
For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Those 50 and older can contribute an additional.