Roth Contribution Limits 2024 401k Vs. Although the contribution limits are the same for traditional 401(k) plans and their. You’re limited in the amount you can contribute to a roth ira each year.

With annual contribution limits as high as $23,000 for people under age 50 or $30,500 for those age 50 and up, you might even be able to become a millionaire by retirement from your 401 (k). In 2024, the employee contribution limit to roth 401 (k)s is $23,000.