Roth Ira 2024 Income Threshold. A roth ira is an ira that, except as explained below, is subject to the rules that apply to a traditional ira. The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older.
The irs’s annual ira contribution limit covers contributions to all personal iras, including both traditional. The maximum contribution limit for roth and traditional iras for 2024 is: