401k And Roth Ira Contribution Limits 2024 Over 55. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.  — for most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income.

 — the roth 401(k) contribution limits for 2023 and 2024 are the same as the pretax limit for traditional 401(k) plans. Employees 50 or older can.