Roth Ira Contribution Limits 2024 Over 50. The contribution limit for individual retirement accounts (iras) for the 2024 tax year is $7,000. 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.
It’s important to be aware of these limits so you can plan your retirement savings accordingly. If you are 50 and older, you can contribute an additional.