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Maximum Roth Ira Contribution 2024 Over 55. As shown above, single individuals enter the partial contribution range when magi reaches $146,000 in 2024, up from $138,000 in 2023. That means you'll be able to stash away up to $7,000 in a roth ira in 2024, up from $6,500 in 2023.

In 2024, the roth ira contribution limit is $7,000, or $8,000 for individuals age 50 and older, allowing those who are closer to retirement to make additional contributions. If you’re age 50 and older, you can add an extra $1,000 per year.