2024 Roth Ira Contribution Limits 401k Limit. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. Moving your 401 (k) 10% at a time will help keep each year’s income in a lower bracket, so that you pay high rates on as little of this income as possible.
Starting next year, the maximum income you can earn and still contribute to a roth ira is $160,999 for single tax filers and heads of household—with reduced contributions starting at $146,000. Additional ira limit provisions to keep in mind.