Roth Ira 2024 Contribution Income Limit

Roth Ira 2024 Contribution Income Limit. The contribution limit for individual retirement accounts (iras) for the 2024 tax year is $7,000. For 2023, the maximum amount you can contribute to a roth ira is $6,500 ($7,000 in 2023).

This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose. You can leave amounts in your roth ira as long as you live.