2024 Ira Contribution Limits 2024 Married. The roth ira contribution limit for 2024 is $7,000, or $8,000 if you’re 50 or older. 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.

The roth ira income limit to make a full contribution in 2024 is less than $146,000 for single filers, and less than $230,000 for those filing jointly. In 2024, the maximum contribution to a traditional ira is $7,000 for individuals under 50 and $8,000 for those 50 and older.