2024 401k Contribution Limits Chart Over 50. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. In 2023, the limits were $66,000, or $73,500 for people 50 and older.

401 (k) contribution limits for 2024. In 2024, the contribution limit for a roth 401(k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.