Roth Ira Limits 2024 Salary Increase. — the contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024. The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older.
Those limits reflect an increase of $500 over the 2023. — the income limit to contribute the full amount to a roth ira in 2024 is $146,000, up from $138,000 in 2023.
