2024 Ira Contribution Maximum 2024. Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs. This is an increase from 2023, when the limits were $6,500 and $7,500, respectively.
The 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older. The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly.
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