2024 Ira Contribution Limits 401k. Amount of your reduced roth ira contribution. For 2025, the roth ira contribution limit holds steady at the same level as 2024.
The contribution limits are much lower for iras, and can even be reduced (potentially down to $0) for roth ira contributions if your income is too high. Beginning in 2024, the ira contribution limit is increased to $7,000 ($8,000 for individuals age 50 or older) from $6,500 ($7,500 for individuals age 50 or.