Roth Ira Contribution Limits 2024 Salary Cap. Contribution limits & withdrawals 2023 and 2024. If you are 50 and older, you can contribute an additional $1,000 for a total of.
If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2024 to contribute to a roth ira, and if. If you’re over the age of 50,.