401k Maximum Contribution 2024 Over 50. Learn more about changes to 401 (k) and roth ira contribution limits. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.

In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.  — for 2024, a 401 (k) participant filing single can contribute up to $23,000 (up from $22,500 in 2023).