Roth Contribution 2024 Limit . 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. The annual roth ira contribution limit in 2023 is $6,500 for adults younger than 50 and $7,500 for adults 50 and older.
Whether you can contribute the full amount to a roth ira depends on your income. You’re allowed to invest $7,000 (or $8,000 if you’re 50 or older) in 2024.
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