2024 Income Limits Ira. The irs announced the 2024 ira contribution limits on november 1, 2023. The irs recently announced the 2024 ira contribution limits, which are $500 more than the limits for 2023.
The deal gets sweeter for those aged 50 and older, who can contribute an additional $1,000. 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.