2024 401k Limits Catch Up Irs. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. The limit on total employer and employee contributions for 2023.
After raising the limits in each of the past several years, the irs has announced that it will raise them again for 2025 to account for inflation. This limit will likely be adjusted.