401k Limit 2024 50 Years Old. The maximum roth ira contribution limit for 2025 is the same as for 2024, which is $7,000 for those under 50, and an additional $1,000 in catch up contribution for those 50 and. If you are 50 or older, you can add up to $7,500 extra per year from $6,500.
For 2024, the contribution limit for employees participating in a 401k plan has increased to $23,000 from last yearโs limit of $22,500. For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs.
