Roth Ira Limits 2024 Salary. Roth iras and traditional iras are subject to contribution limits that are on the lower side; The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.

Roth ira income and contribution limits for 2024. 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.