Roth Contribution Limits 2024 Magi. The roth ira contribution limit for 2024 is $7,000 for those under 50, and an additional $1,000 catch up contribution for those 50 and older. (magi) must be less than $146,000 (up from $138,000 last year) if single or between $230,000 and $240,000.

The annual roth ira contribution limit in 2023 is $6,500 for adults younger than 50 and $7,500 for adults 50 and older. Ira contribution limits for 2023 and 2024.