Roth Ira Contribution Limits 2024 Married

Roth Ira Contribution Limits 2024 Married. To be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year) if single, or $230,000 (up from. For 2024, roth ira contributions are not allowed for single filers with a modified adjusted gross income (magi) of $161,000 or more or married couples.

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 contribution limits for a traditional or roth ira increased last year but remain steady for 2025.