Roth Ira Salary Contribution Limits 2024. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras is the same:. If you're age 50 and older, you can add an extra $1,000.
Your personal roth ira contribution limit, or. 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.
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