2024 Roth Contribution Limits Over 55. — the 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly. For those investing in roth iras, the contribution limit is increased to $7,000 in 2024, a 7.6% increase over the $6,500 limit.
Contribution limits are enforced across traditional iras and roth iras, but income limits only apply to roth accounts. Here are their rules regarding contribution limits,.