Roth Ira Contribution Agi Limits 2024. The contribution limits for a traditional or roth ira increased last year but remain steady for 2025. For 2024, single filers must have a modified adjusted.
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 youโre married and filing jointly, your magi. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.
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