Cory Merrie

Roth Income Limits 2024 Income Limits. 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. If you are 50 or older, you can save an additional $1,000, totaling $8,000 across all accounts.

In 2024, these limits are $7,000, or $8,000 if you’re 50 or older. In 2024, the roth ira contribution limit is.