Roth Limits 2024 401k. The secure 2.0 act is a recently enacted significant piece of legislation that has brought about substantial changes to the retirement account rules in the united. In 2024, this rises to $23,000.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. For example, if you have $1.3 million in your 401 (k) at age 59 and earn 4% annually for the next 14 years, your 401 (k) could grow to more than $2.77 million.