Roth Ira Contribution Income Limits 2024 Married. 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. So people 50 and older can invest $30,500.

The roth ira contribution limit for 2024 is $7,000 in 2024 ($8,000 if age 50 or older). The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.