Roth Limits 2024 Over 50

Roth Limits 2024 Over 50. With annual contribution limits as high as $23,000 for people under age 50 or $30,500 for those age 50 and up, you might even be able to become a millionaire by. 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 roth ira contribution limit for 2024 is $7,000 in 2024 ($8,000 if age 50 or older). With the passage of secure 2.0 act, effective 1/1/2024 you may also be eligible to contribute to your roth ira using 529 rollover assets.