Judie Karlene

Roth Ira Limits 2024 Salary Limit. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras. Contribution limits are enforced across traditional iras and roth iras, but income limits only apply to roth accounts.

The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly. The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you’re younger than age 50.