Roth Income Limits 2024. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older. The maximum contribution limit for both types of.

Less than $230,000 (married filing jointly) or less than $146,000 (single) reduced contribution income limits: You can make contributions to your roth ira after you reach age 70 ½.