401k Limits 2024 Married Filing Jointly. If you or your spouse do not. Those 50 and older can contribute an additional $7,500.
And for married folks filing jointly, the phaseout range is $230,000 and $240,000 in 2024, up from between $218,000 and $228,000 in 2023. The income limits for receiving a retirement savings contributions credit (“saver’s credit”) in 2024 for married filing jointly are $46,000 (50% credit), $50,000.