401k Catch Up 2024 Roth Or Traditional. Whether you participate in a 401 (k), 403 (b) or 457 (b) program, the information in this tool includes education to assist you in determining which option may be best for you based on your personal financial situation. For 2022, anyone can contribute up to $6,000 to a traditional ira or roth ira (or a total of $6,000 to multiple iras).

In other words, if you’re under 50, you. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.