2024 Roth Ira Limits 2024. โ for 2023, the maximum amount you can contribute to a roth ira is $6,500 ($7,000 in 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 youโre married and filing jointly, your magi must be under $228,000 for tax year 2023 and $240,000 for tax year 2024.
โ the roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older. Roth iras have the same annual contribution limits as traditional iras.
