Ira Limits 2024 Catch Up. [1] 401 (k) and ira limit increases for 2024. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 tax year was $7,000 or $8,000 if you were age 50 or older.
Stay up to date on any changes to the irs deferral limits; More people will be able to make contributions to roth ira accounts, too.