Roth Ira Limits 2024 Salary Increase. If you're age 50 or older, you're eligible for an additional. Let's say you have $100,000 in your 401(k) at age 50 and then increase your contributions to $31,000 per year.
Below is an overview on contribution limits, as well as roth ira eligibility income limits and traditional ira tax deduction eligibility income limits. You can contribute up to $7,000 in a roth ira for 2024.