401k 2024 Contribution Limit Chart In India. 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. Those 50 and older can contribute an additional $7,500.

For 2024, almost all the annual retirement plan contribution limits have increased from their 2023 levels. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.