401k Contribution Limits 2024 Roth. Additionally, the irs sets income limits on who can participate in a roth ira. 2024 roth ira contribution limits 401k susan chiquia, the annual roth ira contribution limit in 2023 is $6,500 for adults younger than 50 and $7,500 for adults 50 and older.

If you’re trying to catch up on retirement savings, the high contribution limits make it possible. Your employer might match a percentage.