2024 401k Contribution Limits For Roth Bank. For most individuals, the roth ira contribution limit in 2024 is the smaller of $7,000 or your taxable income. A roth ira also limits how much you can save per year.

For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. Contributions to 401 (k)s can be automatically deducted from your.