2024 Max Ira Contribution Amount Over 55. Beginning in 2024, the ira contribution limit is increased to $7,000 ($8,000 for individuals age 50 or older) from $6,500 ($7,500 for. Roth ira contribution limits 2024 chart 2024.

The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The total contribution limit for both employee and employer contributions to 403 (b) plans under section 415 (c) (1) (a) increased from $66,000 to $69,000 ($76,500 if age 50 or.