Dunkirs 401k Annual Compensation Limit 2024. As a general rule, the annual solo retirement benefit for an employee under a defined benefit pension plan cannot exceed the lower of: The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older.

The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older.