Roth 401k Limits 2024 Income Requirements

Roth 401k Limits 2024 Income Requirements. 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. The roth 401 (k) contribution limits are the same as traditional 401 (k) contribution limits.

Some retirement plans have lower limits, so check the details of your allowable. More people will be able to make contributions to roth.