Roth Ira Limits 2024 Fidelity India. Income limits to contribute to a roth ira in 2024 are $161,000 for single filers and $240,000 for people who are married filing joint returns. The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you're younger than age 50.

If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras is the same: The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older.