401k 2024 Limits Catch Up Over 50. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
This amount is up modestly from 2023, when the individual. The income thresholds to be eligible.