Roth Contribution Limits 2024 Age Limit. For individuals under 50, the roth ira contribution limit in 2024 is $7,000, a $500 increase from 2023. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.
The roth ira contribution limit for 2024 is $7,000 in 2024 ($8,000 if age 50 or older). Another situation where a conversion might be worthwhile is if your income is too high to contribute to a roth ira directly.
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