401k And Roth Ira Contribution Limits 2024. (that contribution limit is up $500 from 2023. If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2024 to contribute to a roth ira, and if.

In 2025, the most you can contribute to a roth 401 (k) and contribute in pretax contributions to a traditional 401 (k) is $23,500. The roth ira income limit to make a full contribution in 2024 is less than $146,000 for single filers, and less than $230,000 for those filing jointly.