Max Magi For 2024 Roth Contribution

Max Magi For 2024 Roth Contribution. For individuals under 50, the roth ira contribution limit in 2024 is $7,000, a $500 increase from 2023. Roth ira income limits for 2022.

For the 2024 tax year, the maximum amount 1 you can contribute to a roth ira is $7,000, or $8,000 if you are 50 or older. The 2024 roth ira income limits are less than $161,000 for single tax filers and less than $240,000 for those married filing jointly.