Irs Annual Limits 2024 . Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older.
The maximum an employee can contribute to 401 (k), 457, and 403 (b) plans. A roth ira might be a particularly good destination for your extra.
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