Roth 401 K Income Limits 2024 Over 50

Roth 401 K Income Limits 2024 Over 50. Contribution limited to $7,000 plus an additional $1,000 for employees age 50 or older in 2024; That means you don’t have to worry about your access to a roth account phasing out as your income rises.

If you have access to a roth 401 (k) and a traditional 401 (k), you can contribute up to the annual maximum across both. There are no roth 401(k) income limits, but there is a $23,000 contribution limit for 2024 and other guidelines to know to max your retirement tax advantages.