2024 Roth Ira Contribution Limits Magi

2024 Roth Ira Contribution Limits Magi. Depending on your filing status and modified. The contribution limit for a roth ira is $6,500 (or $7,500 if you are over 50) in 2023.

The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older. The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older.