2024 Roth Ira Contribution Limits 401k Over 50. Plus, a roth 401(k) has a higher contribution limit than a roth ira, so you could stash up to $23,500 (or $31,000 if you’re age 50 to 59 or age 64 or older. You may contribute simultaneously to a traditional ira and a roth ira (subject to eligibility) as long as the total contributed to all (traditional and/or roth) iras totals no more than $6,500 ($7,500 for those age 50 and over) for.
The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. If you’re age 50 and older, you can add an extra $1,000.
2024 Roth Ira Contribution Limits 401k Over 50 Images References :
