Roth Contribution Limits 2024 401k Limit. If you have a traditional 401 (k), your contributions will reduce your taxable income for the year. The maximum amount you can contribute to a roth ira for 2025 and 2024 is $7,000 if you're younger than age 50.
If you’re age 50 and older, you can add an extra $1,000. If you are 50 and older, you can contribute an additional $1,000 for a total of.