Backdoor Roth Ira Contribution Limits 2024 Over 50. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older. In 2024, you cannot contribute directly to a roth ira if you’re single with a modified adjusted gross income (magi) over $161,000 or married with a joint magi over.

Roth ira income limits in 2023 and 2024. In 2024, the contribution limit is $23,000 if you’re under 50 and $30,500 if you’re over 50.