Roth Contribution Limits 2024 Income. In 2024, this increases to $7,000 or $8,000 if you're age 50+. Whether or not you can make the maximum roth ira contribution (for 2024 $7,000 annually, or $8,000 if you're age 50 or older) depends on your tax filing status and your modified adjusted gross income (magi).
Roth iras have income limits and roth 401(k)s do not. In 2024, the contribution limit for a roth ira is $7,000, plus.
