Roth Ira Limit 2024 Income. The same combined contribution limit applies to all of your roth and traditional iras. With income above these amounts, you can’t contribute to a roth ira.

If you’re age 50 and older, you can add an extra $1,000 per year in. 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.