2024 Ira Limits Catch Up. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. Roth ira contribution limits for 2024.
For 2024, individuals younger than 50 can contribute up to $7,000 to a traditional ira or roth ira. Employees are allowed to make contributions out of their salaries of up to $16,000 in 2024 (up from $15,500 in 2023).