Sep Roth Ira Contribution Limits 2024. Ira and roth ira contribution limits. For the 2024 tax year, the irs allows up to $7,000 in contributions to an ira for individuals under age 50.

There are also income limits that roth ira owners need to take note of. 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.