Roth Ira Income Limits 2024 Income Limit. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older. The max 401 (k) limit is $69,000 for 2024, which includes deferrals, employer matches, profit sharing and other deposits.
The max 401 (k) limit is $69,000 for 2024, which includes deferrals, employer matches, profit sharing and other deposits. Contribution limits are enforced across traditional iras and roth iras, but income limits only apply to roth accounts.