401k And Roth Ira Contribution Limits 2024 Over 55. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.


401k And Roth Ira Contribution Limits 2024 Over 55

This is an extra $500 over 2023. Those 50 and older can contribute an additional $7,500.

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