Max 401k And Roth Ira Contribution 2024. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. Use nerdwallet's free roth ira calculator to estimate your balance at retirement and calculate how much you are eligible to contribute to a roth ira.

The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. $19,500 in 2021 (plus an additional $6,500 in 2022.