401k Roth Ira Contribution Limits 2024 Married. The irs sets the maximum that you and your employer can contribute to your 401 (k) each year. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

For most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older.