2024 Roth Ira Income Limits 2024 Over 55. Less than $230,000 (married filing jointly) or less than $146,000 (single) reduced contribution. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.
The 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older. Ira contribution limits for 2024 the limit for both traditional and roth iras is $7,000 total from among all accounts, a $500 increase from the $6,500 limit in 2023.