2024 Retirement Contribution Limits Chart

2024 Retirement Contribution Limits Chart. The maximum contribution limit on.  — for individual retirement accounts, or iras—both roth and traditional types —2024 contributions will max out at $7,000, up from $6,500 in 2023.

 — the 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k).