401k Roth Ira Contribution Limits 2024 Over 55. Learn about the 2024 contribution limits for different retirement savings plans including 401k, 457, 403b, 401a and iras. The roth ira income limits will increase in 2024.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The irs sets the maximum that you and your employer can contribute to your 401 (k) each year.