Ira Contribution Limits 2024 Income 2024. For 2024, the total contributions you make each year to all of your traditional iras and roth iras can't be more than: 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 filing jointly, your magi must be under $228,000 for tax year 2023 and $240,000 for tax year 2024.

401(k) 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.