2024 Roth Ira Limit Married. But that could be higher if your 2022 magi was. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 tax year was $7,000 or $8,000 if you were age 50 or older.

For 2024, the maximum allowable contributions to roth iras are $7,000 for those younger than 50 and $8,000 for those older. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.