2024 Ira Contribution Limits 2024 Married Filing. To be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year). The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024.
For individuals under the age of 50, the general ira contribution limit is now. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.