2024 Roth Ira Contribution Limits Married Woman

2024 Roth Ira Contribution Limits Married Woman.  — the roth ira contribution limit for 2024 is $7,000, or $8,000 if you’re 50 or older.  — to be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year).

In tax year 2023, you can contribute up to $6,500 or up to $7,500 if you are 50 or older, based on your age on december 31, 2023. The comparison table for roth ira contribution limits in 2023 and 2024 illustrates the annual increase allowed.