2024 40k Limitation. This is an extra $500 over 2023. You can take advantage of the higher.

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from the $22,500 limit in 2023. In 2024, the contribution limit for a roth ira is $7,000,.