2024 Roth Ira Contribution Limits Magi Limit. You are allowed to contribute the full $7,000 to your roth ira if your modified adjusted gross income (magi) is less than $146,000 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.
Roth ira income and contribution limits for 2024. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.