Max Roth 401k Contribution 2024 Over 55. If you turn 55 (or older) during the calendar year you lose or leave your job, you can begin taking distributions from your 401(k) without paying the early withdrawal penalty. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.
Learn about the 2024 contribution limits for different retirement savings plans including 401k,. Roth 401(k) contribution limits are the same as the traditional 401(k) limits of $23,000 in 2024, or $30,500 for those 50 and older.
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