Tag: #iralimits

Higher IRA and 401(k) Contribution Limits for 2024

November 8, 2023

Cost-of-living adjustments mean higher IRA and 401(k) contribution limits for 2024. IRA contribution limits for 2024 The contribution limits for a¬†traditional or Roth IRA¬†increased last year for the first time in four years, and the limits are going up again for 2024. You can contribute a maximum of $7,000 (up from $6,500 for 2023). Catch-upRead more…