401k Roth Ira Contribution Limits 2024 Fidelity. 401k elective deferral limit increases to $23,000. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira.

If you’re age 50 or older, you’re. The roth ira contribution limit for 2024 is $7,000 for those under 50, and an additional $1,000 catch up contribution for those 50 and older.