2024 401k Limits For Married Couples. For tax year 2024, the contribution limits for an ira are $7,000 for those under age 50 and $8,000 for those 50 and older. How to withdraw from a 401(k) 401(k) pros and cons;

Married couples filing jointly must decide how much they will contribute to their respective retirement accounts to avoid exceeding the irs contribution limit. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can.