Ira Contribution Limits 2024 Over 50 Years. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose. For 2024, the total contributions you make each year to all of your traditional iras and roth.
The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly. Iras in 2024 have an individual contribution limit of $7,000, with an additional $1,000 allowed for earners 50+ years old.