401k And Ira Contribution Limits 2024. For 2024, the total contributions you make each year to all of your traditional iras and roth iras can't be more than: The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. The contribution limit for simple 401k and simple ira plans is $16,000 in 2024.