2024 Contribution Limits Roth Ira And 401k. The irs has officially announced the 401k and ira contribution limits for the year 2024. The maximum amount you can contribute to a roth 401 (k) for 2024 is $23,000 if you're younger than age 50.

The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. In 2024, the contribution limit for a roth ira is $7,000, plus an additional contribution of $1,000 if you are age 50 or older.