Roth Ira Salary Contribution Limits 2024. This figure is up from the 2023 limit of $6,500. Those are the caps even if you make more, up to the phaseout level.

The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. The contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024.