Income Limits For Roth Ira Contributions 2024 Over 55. Contributions to a traditional ira can reduce your adjusted gross income (agi), but roth ira contributions do not. The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly.

The contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024. 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: