Roth Ira Limit 2024 Contribution Amount

Roth Ira Limit 2024 Contribution Amount. In 2024, this increases to $7,000 or $8,000 if you're age 50+. For 2023, the maximum amount you can contribute to a roth ira is $6,500 ($7,000 in 2023).

For 2023, the maximum amount you can contribute to a roth ira is $6,500 ($7,000 in 2023). If you’re a single filer, you’re eligible to contribute a portion of the full amount if your magi is $146,000 or more, but less than $161,000.