2024 Roth Ira Contribution Limits Chart 2024. 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 you’re married and filing jointly, your magi. The roth ira contribution limit for 2024 is $7,000 for those under 50, and an additional $1,000 catch up contribution for those 50 and older.

The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. Ira contributions after age 70½.