Edin Nettle

Roth Ira Contribution Limits 2024 Salary Capital Gains Tax. 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 you're married and file. In november, the internal revenue service published updated ira contribution limits for 2024.

The roth ira contribution limits will increase in 2024. The roth ira contribution limit for 2024 is $7,000 in 2024 ($8,000 if age 50 or older).