Roth Ira Contribution Limits 2024 Over 50. The 401 (k) contribution limit is $23,000. In 2024, the roth ira contribution limit rises to $7,000, with a $1,000.

If you are 50 years of age or older, you can contribute up to $7,500. The maximum roth ira contribution for 2024 is $8,000 if you’re age 50 or older, or $7,000 if you’re younger.