401k Limits 2024 Roth Conversion. The maximum roth ira contribution for 2024 is $7.000 (up from $6,500 in 2023) plus $1,000 for employees ages 50 and above—far less than the $69,000 and $76,500 if age. You can also do a roth 401(k) conversion, just like a roth ira conversion.
The maximum roth ira contribution for 2024 is $7.000 (up from $6,500 in 2023) plus $1,000 for employees ages 50 and above—far less than the $69,000 and $76,500 if age. Roth contribution limits the government doesn’t let you put an unlimited amount in a roth each year and, in some cases, doesn’t let you contribute to a roth at all.