2024 Roth Ira Contribution Limits Over Age 50. For individuals under 50, the roth ira contribution limit in 2024 is $7,000, a $500 increase from 2023. The contribution limit shown within parentheses is relevant to individuals age 50 and older.

Yes, roth ira contributions are subject to income limits. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.