Roth Contribution Limits 2024 Income Limit. To be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year). Is your income ok for a roth ira?
The contribution limit for a roth ira is $6,500 (or $7,500 if you are over 50) in 2023. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.