Roth Ira Contribution Limits 2024 Salary Capital Gains Tax. 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. โ the roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.
โ the maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you’re younger than age 50. โ the ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024.