Roth Ira Contribution Limits 2024 Magi. As shown above, single individuals enter the partial contribution range when magi reaches $146,000 in 2024, up from $138,000 in 2023. For 2024, the roth ira contribution limits are going up $500.

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. The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly.