New Irs Limits 2024. For example, in 2024, those under 50 can contribute up to $23,000 to a 401(k) while those 50 and. The limit on annual contributions to an ira increased to $7,000 in 2024, up from $6,500 in 2023—that limit applies to the total amount contributed to your traditional and roth.
Good news for 401 (k) and roth ira account owners: Under the new 2024 limits just.