Roth 401k Contribution Limits 2024 Over 50. The annual contribution limit for a roth ira for those under 50 is $7,000 for 2024, with an additional $1,000 catch up contribution if you're age 50 or older. Contribution limited to $7,000 plus an additional $1,000 for employees age 50 or older in 2024;

Roth 401(k) contribution limits are the same as the traditional 401(k) limits of $23,000 in 2024, or $30,500 for those 50 and older. The relatively high contribution limits of a 401(k) plan better allow individuals to build a retirement nest egg over their working years that will help fund their lifestyle during.