Roth Contribution Limits 2024 Income Limit. In addition to the general contribution limit that applies to both roth and traditional iras, your roth ira contribution may be limited based on your filing status. If you are 50 or older, you can save $7,500 more in your roth 401 (k) as a.

The same combined contribution limit applies to all of your roth and traditional iras. It’s similar to a private company 401k in terms of tax benefits, contribution limits, etc.