401k And Roth Ira Contribution Limits 2024 Fidelity

401k And Roth Ira Contribution Limits 2024 Fidelity.  — the limit for both traditional and roth iras is $7,000 total from among all accounts, a $500 increase from the $6,500 limit in 2023.  — in 2024, the contribution limit for a roth ira is $7,000, plus an additional contribution of $1,000 if you are age 50 or older.

 — the 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional $7,500.