401k And Roth Ira Contribution Limits 2024 Married

401k And Roth Ira Contribution Limits 2024 Married. The contribution limit in 2023 is $7,000 ($7,500 in 2024) or $8,000 if age 50 or older ($8,500 in 2024), so both you and your partner can contribute that amount. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older.

The 2025 401 (k) contribution limit increased to $23,500, up from $23,000 in 2024. You can make 2024 ira contributions until the unextended federal.