Roth Contribution Limits 2024 401k Over 50. Contribution limited to $7,000 plus an additional $1,000 for employees age 50 or older in 2024; The 401 (k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions.
The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly. For most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income.