401k And Roth Ira Contribution Limits 2024 . For most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.
$7,000 for people aged 49 and under $8,000 for people aged 50 and over (the extra $1,000 is. For gen z, those born between 1997 and 2012, the roth 401(k) contribution rate was 16.8%.
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