2024 Roth Ira Limits Married. The roth ira contribution limit for 2024 is $7,000 in 2024 ($8,000 if age 50 or older). In 2023, the roth ira contribution limits for most people are $6,500, or $7,500 if you're 50 or older.

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. If they lived with their spouse at any point during the year, they can contribute to a roth ira.