401k 2024 Limits Over 50

401k 2024 Limits Over 50. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024. Put very simply, the mega backdoor roth strategy entails 2 steps:


401k 2024 Limits Over 50

In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. This amount is an increase of.

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