401k And Ira Contribution Limits 2024. 2024 health savings account (hsa) contribution. This limit includes all elective employee salary deferrals and any contributions.

If you have a 401 (k) or similar retirement plan at work, your eligibility to contribute to an ira and take a tax deduction depends on your income and which type. $7,000 ($8,000 if you’re age 50 or older), or.