Roth Ira Salary Limits 2024. Being able to open a roth ira depends on your income, but there are no income limits for having a 401(k), although the irs specifies how much of an employee's income can be. Like many of you i excitedly made my $7k roth ira contribution on january 1st, which has now settled into my account.
Will hit the 2024 roth ira salary limit, i max 401k pretax contribution, and next year company just allowed roth 401k contributions, advice needed. Being able to open a roth ira depends on your income, but there are no income limits for having a 401(k), although the irs specifies how much of an employee’s income can be.