Roth Ira Contribution Limits 2024 Magi. In 2024, the roth ira contribution limit is $7,000, or $8,000 for individuals age 50 and older, allowing those who are closer to retirement to make additional contributions. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.
Your filing status is married filing jointly or qualifying surviving spouse and. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 tax year was $7,000 or $8,000 if you were age 50 or older.
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