2024 Roth Contribution Limits. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older. Less than $230,000 (married filing jointly) or less than $146,000 (single) reduced contribution income limits:
Those limits reflect an increase of $500 over the 2023. Contribution limits are enforced across traditional iras and roth iras, but income limits only apply to roth.
