2024 Max Roth Ira Contribution Limits Married Filing Jointly

2024 Max Roth Ira Contribution Limits Married Filing Jointly. The annual roth ira contribution limit in 2023 is $6,500 for adults younger than 50 and $7,500 for adults 50 and older. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.

Roth ira contribution limits have increased for 2024. If you make more than that, the maximum contribution decreases as your magi goes up to the maximum of $161,000 for 2024.