Roth Contribution Limits 2024

Roth Contribution Limits 2024. 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 jointly, your magi must. If you're 49 and under, you can contribute.

If you’re a single filer,. $6,500 plus an additional $1,000 for employees age 50 or older in 2023;