401k Limit 2024 Roth Or Traditional. Yes, under certain circumstances you can have both a 401k and a roth ira. Employees age 50 and older can contribute an additional $7,500 for a total of $31,000.


401k Limit 2024 Roth Or Traditional

The limit on total employer and employee contributions for 2024 was $69,000 or 100% of employee compensation, whichever was less. The 401(k) contribution limit for 2025 is $23,500, up from $23,000 in 2024.

401k Limit 2024 Roth Or Traditional Images References :