Roth Ira Limit 2024 Over 50. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 tax year was $7,000 or $8,000 if you were age 50 or older. If you make over a certain amount, this limit might be lowered or you.

If you’re 49 and under, you can contribute up to $7,000 to a roth ira in 2024. You can chip in an additional $1,000 if you are 50.