401k Contributions 2024 Limits Over 50. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. A traditional contribution refers to.

The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025. This dollar amount is the same as in 2023.